Deals
Wall Street’s Biggest-Ever China Bet Rides on These Bankers
- UBS, Morgan Stanley among firms targeting China bank opening
- Global firms face competition from entrenched Chinese lenders
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UBS Group AG’s David Chin wants to double the size of his China investment-bank team. Morgan Stanley’s Wei Sun Christianson plans to build a brokerage business from scratch. And Todd Leland at Goldman Sachs Group Inc. sees “infinite growth” in asset management.