Morgan Stanley, UBS Said to Plan Boosting China JV Stakes | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/09/morgan-stanley-ubs-said-to-plan-boosting-china-jv-stakes/

Morgan Stanley and UBS Group AG are in talks with local partners to boost holdings in their China securities businesses, a sign of growing confidence in those operations, according to people familiar with the matter. The banks are engaged in separate discussions on raising their stakes to 49 percent, the maximum … http://internationalnewslive.com/morgan-stanley-ubs-said-to-plan-boosting-china-jv-stakes/