Citigroup among the first FFIs to partner with a local Vietnamese securities firm

4 July 2011 | 2 minutes read

Citigroup has announced that it has acquired a 9.9% stake in Vietnam’s Horizon Securities, subject to regulatory approval making it among the first foreign financial institutions to partner with a local Vietnamese securities firm. Founded in 2006, Horizon Securities is a privately held Vietnamese firm headquartered in Ho Chi Minh City. According to Rodrigo Zorrilla, head of markets, Asia Pacific…

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