Same day, different holiday: Mid-autumn festivals across East Asia
N.Korea could use nuclear weapons at any stage of conflict: Pentagon
Yoon hosts luncheon meeting with Korean atomic bomb victims in Hiroshima on Chuseok
Swimmer, gamers celebrate Chuseok with gold medals
Memorials commemorating Itaewon crowd crush to be erected at accident site
Exhibition 'Hanbok, Revisited' offers modern tastes on traditional Korean clothing
Opposition leader proposes meeting with Yoon amid growing party feud
The many regional flavors of songpyeon, a Korean holiday dessert
NewJeans hits 1 bln streams mark on Spotify with debut album
Expressway traffic congestion persists on 2nd day of extended Chuseok holiday
Korea Investment & Securities join hands with China’s Founder SecuritiesBy 박한나
Published : Sept. 8, 2016 - 17:39
The major South Korean securities broker signed a memorandum of understanding with Beijing-based Founder Securities and China Minzu Securities for strategic alliance for cross-border M&A advisory services and real estate investment.
The alliance is expected to enable Korea Investment & Securities to expand its footprint in China’s IB market as an underwriter for equity securities including initial public offerings and M&A advisor.
“We will push for further global network expansion to take a new leap to become Asia’s top investment bank,” the firm’s President Ryu Sang-ho said.
Founder Securities is China’s 10th largest securities firm which has been offering investment banking services through Credit Suisse Founder Securities, a joint venture established by the firm and Credit Suisse.
Minzu Securities is an investment bank which was acquired by Founder Securities in 2014.
By Park Han-na (email@example.com)
S. Korea wins bronze in pistol mixed team event for 14th shooting medal
Traffic heavy on expressways following Chuseok
S. Korea to extend $5 mil worth of fertilizer aid to Ukraine via U.S. agency