Citigroup gets bond settlement agent license in China

Feb 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

HONG KONG (Reuters) – Citigroup Inc’s China unit said on Tuesday that it had received the so-called “Type A” bond settlement agent license from China’s central bank, allowing it to add to its offering of sales, trading and research in the fixed-income business.