Credit Suisse and a joint venture partner are seeking buyers for their China securities brokerage business due to the Swiss bank's takeover by rival UBS.
Credit Suisse
and a joint venture partner are seeking buyers for
their China securities brokerage business due to the Swiss
bank s takeover by rival UBS, said two people with
direct knowledge of the. | June 9, 2023
According to reports, Credit Suisse and a joint venture are looking for buyers for their China securities brokerage business. The decision was made as a result of UBS, a competitor, acquiring the bank. As a result of Citigroup's initial interest in acquiring Credit Suisse Securities China (CSS), this unique situation has garnered notice.
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