China's Citic Securities fastest growing brokerage firm in the world

Discussion in 'Wall St. News' started by a529612, Sep 26, 2007.

  1. Sept. 26 (Bloomberg) -- Citic Securities Co. is the fastest- growing brokerage firm in the world thanks to the booming market for Chinese stocks, and Wall Street may have to get used to the industry neophyte challenging Goldman Sachs Group Inc., Morgan Stanley and Merrill Lynch & Co. as the biggest.

    http://bloomberg.com/apps/news?pid=20601087&sid=aSsolCfCLe_w&refer=home
     
  2. If the Chinese learn more on topics like "structured finance", obscuring rating agencies, LBO, Private Equity and buy back programs we might be witness of a new breed of "global players"...:D :D :D
     
  3. Mvic

    Mvic

    If that isn't already happening. I often wonder if there was a China put at play in August/Sept as much as there may have been a Bernanke/Paulson put.