Credit Suisse Takes Over its Majority-Owned Chinese Securities JV
Posted on 09/14/2022
Disclosed on September 8, 2022, Credit Suisse Group AG made a deal to buy out its local partner in a Chinese securities joint venture. Credit Suisse reached an agreement to buy Founder Securities’ 49% stake in the Credit Suisse Securities (China) venture for 1.14 billion RMB (US$ 160 million). Credit Suisse joins other banks such…
