The Business Times
SUBSCRIBERS

HK-based CLSA shuts US equity research ops

Published Tue, Feb 28, 2017 · 09:50 PM
Share this article.

New York

CLSA Ltd, the brokerage owned by Chinese financial services firm Citic Group Corp, shut down its US equity research operations on Monday, laying off more than half its workers based in the country.

The brokerage dismissed 90 US-based staff on Monday, most of whom worked in research…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Banking & Finance

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here