Citi pushes into Indonesia equity, gets IDX licence
Citi will add staff to its business in Indonesia after the local stock exchange this week approved the bank’s plans to set up an equity brokerage in the country.
Citicorp Securities Indonesia, will be fully functional by August and will offer the banks local and international clients access to the Indonesian stock market.Citis move comes as issuance volumes in Indonesias equity market have climbed to nearly $4bn this year to date, easily surpassing last years total ...
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