China Creates $230 Billion Brokerage to Take on Wall Street

(Bloomberg) -- China is combining two of its largest state-backed brokerages to create a new behemoth as it seeks to consolidate the $1.7 trillion sector and build stronger investment banks to compet… [+3353 chars]

China Creates $230 Billion Brokerage to Take on Wall Street

China Creates $230 Billion Brokerage to Take on Wall Street

China Creates $230 Billion Brokerage to Take on Wall Street

China Creates $230 Billion Brokerage to Take on Wall Street

China Creates $230 Billion Brokerage to Take on Wall Street