SEOUL - YONHAP
Woori Investment & Securities Co., the country\'s third-largest brokerage by market cap, said Monday it signed an agreement with China\'s top investment bank in a bid to develop business opportunities in Asia\'s largest economy. Under the deal, Woori Investment & Securities and China International Capital Corp. (CICC) will cooperate on their investment banking business to underwrite new mergers and acquisitions and initial public offering (IPO) deals.