Credit Suisse appoints Janice Hu as Chairwoman of its Chinese securities JV

Maria Nikolova

Janice Hu, a veteran investment banker, is set to help drive the bank’s China onshore strategy and CSFS’s future business plans.

Credit Suisse has announced the completion of the transaction to become a majority shareholder in its China securities joint venture, Credit Suisse Founder Securities Limited (CSFS).

Credit Suisse has successfully closed the increase of its shareholding in CSFS from 33.3% to 51%. As FinanceFeeds has reported, in April this year, the China Securities Regulatory Commission (CSRC) granted the bank the approval to become a majority shareholder in CSFS.

The bank intends to continue to invest in this key market to bring its integrated capabilities and comprehensive range of client advisory and financial products to both domestic and international clients in China.

Credit Suisse has appointed Janice Hu, Vice Chairwoman for China at Credit Suisse and current board member of CSFS, to be Chairwoman of CSFS to help drive the bank’s China onshore strategy and CSFS’s future business plans. A veteran investment banker with a strong track record as a client-focused, results-oriented leader, Janice Hu is one of the most experienced China bankers in the industry and has been with Credit Suisse for almost two decades.

She will be responsible for enhancing CSFS’ coverage efforts in China, with a particular focus on the bank’s most important entrepreneur and private sector corporate clients, as well as overseeing relationships with government agencies and regulators.

  • Read this next


    Volt secures EMI license, expands payment solutions in UK

    Volt has successfully obtained an Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA).

    Retail FX

    ASIC bankrupts finfluencer Tyson Scholz over stock tips

    The Australian Securities and Investments Commission (ASIC) has effectively bankrupted Tyson Robert Scholz, the figure behind “Black Wolf Pit.” The action marks a significant crackdown on so-called ‘finfluencers’ and individuals providing unlicensed financial services.

    Digital Assets

    Green Bitcoin Presale Raises $1M as Bitcoin Approaches its ATH

    The eco-friendly crypto project Green Bitcoin has seen its limited-time presale phase cross $1 million in funding. With an innovative gamified staking model and energy-efficient foundation, Green Bitcoin offers token holders a way to stake their tokens and generate yield.


    Introducing QuickNode Streams: Elevating Blockchain Data Management

    Discover QuickNode’s Latest Innovation: Streamlining Blockchain Data Streaming for Enhanced Efficiency and Accessibility. Explore the Future of Blockchain Technology with Streams.

    Industry News

    John Oliver rips into MetaTrader over role in ‘Pig Butchering’ scams

    “If your friend told you to download an app, and you saw it in the app store with good reviews, you might assume everything on it was legitimate. In before, you saw MetaTrader’s logo which looks like three men in suits jerking each other off under a table – an appropriate metaphor for cryptocurrency if I have ever seen one,” Oliver quipped.

    Digital Assets

    Coinbase supports Nethermind and Erigon to ease Geth dependency

    Coinbase plans to support additional execution clients as America’s largest crypto platform aims to improve the Ethereum blockchain’s resilience and mitigate the risks associated with the network’s heavy reliance on a single client.


    How AI Transforms Trading: Current Trends and Perspectives

    In 2023, we observed a boom of news about Artificial Intelligence (AI) in every field, whether finance, tech or medicine. In 2024 and later, AI will take an even more significant place.

    Industry News, Uncategorized

    FCA wants to tackle lack of competition in wholesale data market

    “Complex licensing practices by MDVs and trade data providers who deliver their data through MDVs increase costs for data users. Many Market Data Vendor (MDV) users have to hold licences both from the data generator (such as a trading venue) and from the MDV through which they access data. We have seen an increasing proliferation of licences for similar data types and different use cases. Complexity also drives additional costs for data users, such as operating a compliance team.”

    Digital Assets

    SEC objects to Terraform’s $166 million legal retainer

    The U.S. Securities and Exchange Commission (SEC) has lodged objections against Terraform Labs for a $166 million retainer payment to its legal representatives ahead of its trial.