Citadel Securities Seeks Own License in China After Failed Bid

(Bloomberg) -- Ken Griffin’s Citadel Securities has opted to establish its own brokerage operation in China after failing in its bid for Credit Suisse’s onshore business and seeing no viable alternative takeover targets, people familiar with the matter said.Most Read from BloombergA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-High RentsClimate Migrants Stand to Overwhelm World’s MegacitiesNew Rowhouses in London That Offer a Bridge to the 19th CenturyVanderbilt Leases Struggling NYC