NEW YORK -- Credit Suisse intends to take a controlling 51% share in its Chinese securities joint venture, the Swiss investment bank said Monday, as foreign financial institutions embrace Beijing's moves to open the market.
Business
Credit Suisse to raise stake to 51% in Chinese joint venture
Swiss bank joins race to establish majority-controlled presence in China
Credit Suisse's securities joint venture in China provides services including sponsoring and underwriting company shares and bonds. © Reuters
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