Chinese regulators approve Citigroup unit as market maker

Citigroup's unit in China joins JPMorgan Chase and 19 Chinese lenders as a market maker in the country's interbank bond market. "China's interbank bond market is an important arena for financial institutions to engage in funding and capital-market activities for themselves and their clients," said Citibank China CEO Andrew Au.

View Full Article in:

Bloomberg · Reuters · Wall Street Journal (tiered subscription model), The

Published in Brief: