Samsung Securities shutters international operations

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Samsung Securities shutters international operations

January 31, 2012

From Alexander Lobov

The Korean brokerage is shutting down all equity sales, execution and research for markets outside Korea effective immediately, according to an internal memo seen by Asiamoney PLUS.

The investment banking arm of Korean conglomerate Samsung Securities is shutting down equity sales, execution and research operations in all offices outside Korea and focusing on domestic investment banking operations, according to an internal memo seen by Asiamoney PLUS.

“For...

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OFFSHORE RMB DCM

Rank

Bookrunner

Value ($m)

No.

%Share

2011 YTD Rank

HSBC

1,439

33.0

Bank of China Ltd

1,079

24.8

Standard Chartered Bank

513

11.8

Citi

208

4.8

Barclays

198

4.5

Deutsche Bank

159

3.6

Goldman Sachs

152

3.5

RBS

136

3.1

BNP Paribas

2.2

JPMorgan

1.8

Subtotal

4,059

93.2

Total

4,356

100.0

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