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Citic Securities’ acquisition of CLSA is another example. The Chinese investment bank recently pressured the Hong Kong brokerage to quit offices owned by Swire, a property group China dislikes.
Citic Securities Co. is down 6% on Monday in Hong Kong after it was announced on the weekend it would buy brokerage firm CLSA Asia-Pacific Markets, called "an insane asylum" by its chief executive.
CLSA Ltd. is losing its identity. That’s bad news for its parent’s ambitions to build a globally competitive Chinese investment bank in the mold of Goldman Sachs Group Inc. Citic Securities Co ...
Moves by its Chinese owners Citic Securities hint that its prized autonomy is at risk. Founded by former journalists in 1986, CLSA has long known how to sell a story. It has built up a network of ...
Slone, who was CLSA’s CEO for a decade and oversaw its acquisition by Citic Securities Co. in 2013, tendered his resignation late last month, the people said, asking not to be identified because ...
Major Chinese brokerage house CITIC Securities’ long-awaited acquisition of a minority stake in CLSA will provide Chinese investors with access to the firm’s global offerings. Major Chinese brokerage ...
saw the appointment of Citic Securities veteran Li Chunbo as the new CEO. Edward Park and James Xu, both long-standing members of CLSA with tenures exceeding 15 and 14 years, respectively ...
PARIS/SHANGHAI, March 29 (Reuters) - Credit Agricole said it is in talks to sell all of its CLSA brokerage brand to China's Citic Securities, in a change of strategy, and has dropped a second ...
is in talks with China's Citic Securities (600030.SH) for the sale of its Hong-Kong based brokerage business CLSA, the two companies said Thursday. Back To Top ...
Asian brokerages CITIC and CLSA have launched a new capital markets and corporate finance business to provide inbound and outbound investment services in Mainland China. Asian brokerages CITIC and ...