In July, 2009, New York Institute of Finance, the most famous financial industry professional training agency in the world, issued a letter of certificate to attorney Xiao Jinquan, saying “due to your great fame in financial industry and excellence in academic pursuit, you are appointed as ‘a member of financial consultation special committee’.” He was the first Chinese legal expert Pearson appointed as a member of the committee. Attorney Xiao Jinquan would offer legal services and gave lectures in professional investment, mergers and acquisition.
New York Institute of Finance, established in 1922, was affiliated with Pearson, the famous media company. The institute, sponsored by New York Stock Exchange, was the first institute which provided lecturers’ instruction and training courses based on Internet in banking, financing and corporate. New York Institute of Finance devoted to offering international well-known financial institutes training service. It has already trained more than 600,000 business talents of all nations so far. And many seniors in Chinese financial institutes were trained there. It set up offices in New York, Stanford, Chicago, London, Sydney, Beijing, Shanghai and Hong Kong. Currently, New York Institute of Finance (China) built good relationships with 216 Chinese banks, 79 securities agencies, 60 funds companies, insurance and trust corporations and other financial institutes. Pearson became the most influential professional financial training institute in the world and in China.