Before “Swinegate”, UBS was riding high in China.
The Swiss bank had recently gained approval to take majority control over its onshore securities joint venture UBS Securities, the most comprehensive of all the foreign-backed securities houses in the country.
Sporting a full suite of investment banking licences, the Chinese operation put UBS in pole position to cash in on an expected acceleration of financial sector reforms in China.
您已閱讀8%（435字），剩餘92%（4747字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。