Tag : samsung securities

The firm moves to make most of its Hong Kong sales and trading team redundant in response to poor volumes. But it denies an SCMP report it is shutting the office completely.

Samsung Securities’ new CEO, Kim Suk, the previous head of its asset management business, says the firm is seeking to add global investment products to its roster.

The company says it has no need to raise funds to meet investment bank capital requirements and will benefit from a massive infrastructure build-up in research and sales.