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Foreign banks OK'd to underwrite corporate debt

By Victoria Bi and Li Hongwei | 皇冠体育app Daily | Updated: 2011-06-17 07:35

Foreign banks OK'd to underwrite corporate debt

HSBC Holdings' building in the financial district of Hong Kong. The 皇冠体育app units of HSBC Holdings and Citigroup Inc have won initial approval to underwrite corporate debt in the country. Provided to 皇冠体育app Daily

Move paves way for HSBC and Citigroup to win Chinese licenses

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