When did Citic acquire CLSA?

When did Citic acquire CLSA?

In 2013, CITIC Securities acquired CLSA to extend its international businesses.

Is CLSA a bank?

In 2013, CITIC Securities, China’s largest investment bank acquired CLSA for US$1.3 billion….CLSA.

Formerly CLSA, Credit Lyonnais Securities Asia
Founded Hong Kong (1986)
Headquarters Hong Kong, Hong Kong
Number of locations 20 (2018)
Area served Worldwide

Is CLSA an investment bank?

CLSA is an award-winning institutional brokerage and investment group. For over 30 years, we have built our reputation on providing global institutional investors and leading corporations unrivalled insights, superior execution and access to capital.

What do you think Citic Securities do?

CITIC Securities Co., Ltd. is a Chinese full-service investment bank. It offers services in underwriting, research, brokerage, asset management, wealth management, and investment advisory.

Is CLSA a good company?

CLSA is a great company. I have had great opportunities to learn and develop over the years. It also has reasonably good work-life balance. Flat management structure, which has allowed for me to be exposed to a wide range of challenges and people across the firm.

What means CLSA?

The full form of CLSA is Credit Lyonnais Securities Asia. Credit Lyonnais Securities Asia India Limited is a banking company based out of 8/F Dalamal House, Nariman Point, Mumbai, Maharashtra, India.

Is Citic Securities state owned?

CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People’s Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. Its headquarters are in Chaoyang District, Beijing.

Is Citic owned by the Chinese government?

CITIC Group was founded as the China International Trust Investment Corporation (Chinese: 中国国际信托投资公司; abb. CITIC), a Chinese state-owned enterprise in 1979.

Is Citic largest company in China?

Citic is China’s largest state-run conglomerate. It is engaged in a wide variety of businesses, from property development to heavy industry to resources, though its primary focus is the financial sector, including banking and securities.

Who owns Citic Capital?

Since 2002, CITIC Capital has grown considerably and become a scalable and internationally recognized investment management firm with comprehensive China focused investment platform. China Investment Corporation (“CIC”) became a shareholder. Qatar Holding LLC (“QH”) became a shareholder.

Is China Citic Bank state owned?

China CITIC Bank Corporation Limited, via its wholly-owned subsidiary CITIC International Financial Holdings Limited, is CNCBI’s controlling shareholder with a 75% stake….China CITIC Bank International.

Type Privately owned
Founded 1922
Headquarters Hong Kong
Key people Yang Yu, Chairman BI Mingqiang, CEO
Operating income HKD8.4 billion (2018)

Is Citic Bank state owned?

What’s new at CITIC Securities International?

CITIC Securities International and CLSA merge their corporate finance and capital markets teams. CLSA launches first two ETFs: Chimerica and GARY with HK’s Enhanced Investment Products. CLSA celebrates 30 years of broking and investing.

Is CLSA owned by CITIC?

CLSA is now a wholly-owned subsidiary of CITIC Securities, China’s leading securities firm and largest underwriter of Chinese debt and equity. CITIC Securities was established in October 1995 and headquartered in Shenzhen.

Why CLSA Securities?

CITIC CLSA Securities has raised US$216 billion from 2006-2016 in more than 330 equity capital markets transactions across Asia. No 1. Global Capital magazine has voted CLSA the No.1 most independent broker in Asia for the past 25 years. CLSA’s 150 writing analysts produce 35,000 company, market, economic and thematic research reports each year.

Who is the CEO of CLSA?

Mr. Jonathan Slone, Chairman and CEO of CLSA and Co-CEO of CITIC Securities International adds, “Over the past 30 years, CLSA has built extensive client coverage in the UK and Europe. Now alongside CITIC Securities International we can extend our product offerings from equities to bonds.”