You are here

HK-based CLSA shuts US equity research ops

Wednesday, March 1, 2017 - 05:50

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

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom