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Credit Suisse guns for majority control in its China securities JV

Credit Suisse has arrived at an agreement with Founder Securities to raise its shareholding in its Credit Suisse Founder Securities Limited (CSFS) joint venture. This confirmation follows disclosure by Founder Securities to the Shanghai Stock Exchange on 15 April. In what is likely to represent a key milestone for Credit Suisse’s China business, the Swiss lender’s shareholding in CSFS is…

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