samsung-securities-aims-for-regional-dominance

Samsung Securities aims for regional dominance

The Korean securities firm expands its Hong Kong subsidiary to become an investment banking hub for Asia.
Samsung Securities has announced that it will expand and refocus its Hong Kong subsidiary as part of a new regional and global strategy formalised since the arrival in June of Park Chun-hyeon as chief executive officer.

SamsungÆs Hong Kong office, which until now has concentrated solely on Korean securities brokerage, will grow to include MA and equity capital market origination by a corporate finance department staffed by six professionals, as well as trading, institutional brokerage of Hong Kong stocks and principal investment. The research and sales department will be made up of 35 people out of a total initial headcount of more than 50, which will also include support staff. The subsidiary will increase...
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