CIMB starts brokerage and corporate advisory business in Korea

CIMB gains equities brokerage license in Korea and begins operations in Seoul.

CIMB has opened a brokerage and corporate advisory businesses in Seoul, South Korea, after obtaining an equities brokerage licence from the country’s Financial Services Commission.

John Choi, the branch manager and the head of equities, and Sean Cho, the head of investment banking will lead a staff of 39 people, providing stock brokerage, research and corporate advisory services to both domestic and international clients.

CIMB, Malaysia’s second-biggest financial services provider,...

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