| | HSBC ends 20-month wait for China securities JV approval | | LONDON (Reuters) - HSBC has won Chinese approval for its investment banking joint venture with a local state-backed fund, ending a twenty-month wait for a decision that will allow it to begin expanding its business in the world's second largest economy. | | | | | | | | | Related Video | | | | | | | | | | | Counterparties is a curated snapshot of the best finance news and commentary around the web. Register Today | | | | | | News you can use with actionable, timely advice for managing your financial life, including retirement, taxes, real estate, education and more. Register Today | | | | » » MORE NEWSLETTERS | | |