Citic Securities (L to R) Head of Brokerage – International David Shang and Chairman Zhang Youjun during a press conference in Admiralty on 24 March 2016. Photo: SCMP/Edmond So Citic Securities (L to R) Head of Brokerage – International David Shang and Chairman Zhang Youjun during a press conference in Admiralty on 24 March 2016. Photo: SCMP/Edmond So
Citic Securities (L to R) Head of Brokerage – International David Shang and Chairman Zhang Youjun during a press conference in Admiralty on 24 March 2016. Photo: SCMP/Edmond So

China has a big headache bashing Citic Securities with CLSA, instead of getting its own version of Goldman Sachs

  • Citic Securities has been hit by more than 50 resignations since January, threatening to upend China’s push to create a global investment banking powerhouse
  • Citic Securities’ revenue in fixed income this year through May was just US$20.7 million, 55 per cent below budget

Topic |   Banking & Finance
Citic Securities (L to R) Head of Brokerage – International David Shang and Chairman Zhang Youjun during a press conference in Admiralty on 24 March 2016. Photo: SCMP/Edmond So Citic Securities (L to R) Head of Brokerage – International David Shang and Chairman Zhang Youjun during a press conference in Admiralty on 24 March 2016. Photo: SCMP/Edmond So
Citic Securities (L to R) Head of Brokerage – International David Shang and Chairman Zhang Youjun during a press conference in Admiralty on 24 March 2016. Photo: SCMP/Edmond So
READ FULL ARTICLE