Legal

Executives At Brokerage In China Hauled In Over Embezzlement Claims - Media

Tom Burroughes Group Editor 8 January 2015

Executives At Brokerage In China Hauled In Over Embezzlement Claims - Media

The parent of Founder Securities, which is Credit Suisse’s brokerage venture partner in China, has reportedly said that four of its executives were ordered to cooperate with an official investigation.

The parent of Founder Securities, which is Credit Suisse’s brokerage venture partner in China, has reportedly said that four of its executives were ordered to cooperate with an official investigation.

Media reports said that Founder Securities and parent firm Credit Suisse, Founder Securities' partner in loss-making Credit Suisse Founder Securities Co, declined to comment on the matter, reports said. Credit Suisse also declined to comment to WealthBriefingAsia.

Register for WealthBriefing today

Gain access to regular and exclusive research on the global wealth management sector along with the opportunity to attend industry events such as exclusive invites to Breakfast Briefings and Summits in the major wealth management centres and industry leading awards programmes