China's regulators are planning a trial that could tear down the wall separating banks and securities companies 25 years after the barrier was first put up to control the risk between different parts of the financial system.
Caixin
In Depth: China prepares to tear down dusty bank-brokerage divide
Ban on offering securities mulled as foreign rivals raise financial bar
China’s securities firms are minnows in comparison with both Chinese banks and their foreign rivals.
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