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Rating:Is Fido Booking Passage to Korea? Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, November 19, 2004

Is Fido Booking Passage to Korea?

by: Theresa Sim

Fidelity Investments has filed with South Korean regulators to set up an affiliate in the country, reported the Korea Herald.

Fidelity filed to set up an affiliate worth approximately $9.27 million. If Korea's Financial Supervisory Commission approves the request and issues a permit, Fidelity could start operating in the country in 2005, according to the Korea Herald.

A Fidelity spokesperson did not immediately return a call seeking comment. 

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