Samsung ECM mandates up for grabs after HK withdrawal

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Samsung ECM mandates up for grabs after HK withdrawal

Issue: 1240 - 3 February 2012

Keywords: Samsung Securities, Overseas business, Staff losses

Samsung Securities decided this week to shut its overseas businesses to focus on its domestic market, forcing more than half of its Hong Kong staff out of their jobs. The move leaves just specialist equity sales teams in the firm’s overseas offices, and they will now focus on pitching to global investors interested in South Korea’s domestic market. ..

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