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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...

By: Yahoo Entertainment

Sep 06 2024
54
333 Views

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

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