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EconomyCitigroup Wins China Securities License After Nearly Five-Year Wait

The green light lets the firm set up a securities operation in China under full ownership. Reaching approval took close to five years, amid regulatory tensions in Washington and Beijing.

CitigroupChinasecurities businessfinancial regulation

BBloomberg News★★☆☆☆2026-10-23 10:30Original

Citigroup Wins China Securities License After Nearly Five-Year Wait
Citigroup Wins China Securities License After Nearly Five-Year WaitEconomy