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Can global investment banks succeed in C...

For a quarter of a century, Chinese financial regulators have wrestled with whether to give global investment banks full access to their tightly guarded markets. The argument is still brewing. Just this month, a forum in Beijing heard from the vice president of the country’s securities regulator that “our entire industry of 130 securities firms […]

Factbox: Foreign Investment Banks Holdin...

HONG KONG (Reuters) – The world’s largest investment banks will be able to hold 100% of their securities business in China from April 1 as the U.S.-China Phase 1 trade deal accelerates by nine months the previous deadline for the removal of foreign ownership limits. International bankers believe that full ownership, or at least majority […]