DBS gains regulatory approval to set-up JV securities company in China

Uploaded By:  Frances Gagua Submitted By:  Staff Reporter Case Study:  No It will engage in brokerage and securities investment consulting, amongst other services. DBS Group has received approval from the China Securities Regulatory Commission (CSRC) to establish DBS Securities (China) Limited, a joint venture securities company in which the group will hold a controlling stake, the bank announced in a press release. Businesses that DBS Securities (China) will engage in include brokerage, securities investment consulting, securities underwriting and sponsorship, as well as proprietary trading. read more