NH Securities opens London branch to expand market coverage

SEOUL-- South Korean brokerage house NH Investment & Securities Co. said Wednesday it set up an operation in London as part of its global push to help local investors.

NH Securities & Investment Europe Ltd. will handle investment deals from not just Britain but also from the rest of Europe and North America, NH Securities said.

In the long-run, the British operation will broaden its business coverage to bond and equity brokering and asset management, according to NH Securities.

Founded in 1969, NH Securities & Investment is one of the largest financial service providers here whose business portfolio includes trading, wealth management, investment banking, hedge funds and private equity.

Source: Yonhap News Agency