The Swiss bank UBS’ Hong Kong units were fined by the city’s securities regulator. Photo: Reuters The Swiss bank UBS’ Hong Kong units were fined by the city’s securities regulator. Photo: Reuters
The Swiss bank UBS’ Hong Kong units were fined by the city’s securities regulator. Photo: Reuters

Hong Kong securities regulator fines top investment banks US$100 million for failures as IPO sponsors

  • Swiss bank UBS’ two units ordered to pay HK$375 million by the Securities and Futures Commission
  • Former UBS banker Cen Tian’s licence suspended for two years

Topic |   SFC
The Swiss bank UBS’ Hong Kong units were fined by the city’s securities regulator. Photo: Reuters The Swiss bank UBS’ Hong Kong units were fined by the city’s securities regulator. Photo: Reuters
The Swiss bank UBS’ Hong Kong units were fined by the city’s securities regulator. Photo: Reuters
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