Citic Securities chairman to step down amid probes

The man who dreamed of turning Citic Securities into the "Goldman Sachs of China" is retiring next year after the firm became embroiled in a series of investigations.
November 17, 2015

Wang Dongming, the well-connected star chairman of Citic Securities, is to step down next year with the company still enmeshed in a series of investigations following a government crackdown on the financial industry.

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