Brokerage boost for Credit Suisse China JV

The Swiss bank is now set to ramp up operations at Credit Suisse Founder Securities after winning approval to provide brokerage services in China.

Brokerage boost for Credit Suisse China JV

Credit Suisse's securities joint venture in China has won approval to provide brokerage services, becoming only the third firm able to help international investors invest widely in mainland China.

The Swiss bank, which disclosed the news on Thursday, said it would now ramp up operations at Credit Suisse Founder Securities Limited, or CSFS, as a result of the breakthrough. There are currently about 100 people working at the joint venture.

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