Wealth and Asset Management
Credit Suisse buys out partner in China joint venture
Credit Suisse is to buy out its local partner in its Chinese securities joint venture and take full ownership. According to a filing on the Shanghai Stock Exchange by Founder Securities, the Swiss bank will buy the Chinese broker’s 49% stake in Credit Suisse Securities (China) for 1.4bn yuan (CHF…
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Click here to read the full story: Citywire