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PACIFIC WATCH

South Korea

June 26, 1995| Times Staff and Wire Reports

Foreign Brokerage Branches OKd: The South Korean government said it will approve the applications of five foreign brokerages to establish branches in Seoul. The Ministry of Finance and Economy said the five are Morgan Stanley International Ltd., CS First Boston, Credit Lyonnais Securities (Switzerland), Union Bank of Switzerland and Yamaichi Securities of Japan.

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