After receiving the regulatory green light to take a majority holding, Credit Suisse plans to raise the stakes in its China securities venture to 100 percent and increase its market share. In addition, the bank plans to hire more staff in China and invest more.
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Renminbi Hub in Switzerland has 13 partner banks
In 2016, the China Construction Bank (CBC) established the Renminbi Hub in Switzerland and since then, is developing cross-border business with the currency in...