Business departments are the vanguards of brokerage expansion and an important window for serving investors. However, this situation is changing. Recently, brokerage firms such as Caitong, Everbright, and Hongta announced the closure of business departments. Taking a longer view, more than 100 business departments of over 30 brokerage firms have been merged and closed since last year. Industry insiders believe that as the transformation towards digitization and institutionalization deepens, the layout of brokerage branch institutions is undergoing a transformation. Each brokerage firm is optimizing its business network to reduce costs, increase efficiency and integrate resources. In the future, how to promote the reform of branch institutions and further strengthen the construction of wealth management capabilities requires deep thinking by each brokerage firm. (Shanghai Securities News)
券商分支机构转型“加减法”：密集裁撤营业部 加速新设分公司
Brokerage branch institutions are undergoing a transformation of "addition and subtraction": extensively cutting business departments and accelerating the establishment of new subsidiaries.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.