Macquarie in final talks to set up majority-owned securities JV in China

Macquarie in final talks to set up majority-owned securities JV in China

The logo of Australia's Macquarie Group Ltd adorns a desk in the reception area of their Sydney office headquarters in Australia. REUTERS/David Gray

Macquarie Group Ltd. is in advanced talks to create a majority-owned securities joint-venture firm in China, according to people familiar with the matter, the latest international bank seeking to establish itself in one of the world’s biggest markets.

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