Swiss lender UBS bore the brunt of the fines imposed by the Securities and Futures Commission. Photo: Reuters
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

City must continue to punish and protect in its role as a leading IPO destination

  • Fines meted out by the Securities and Futures Commission to four investment banks for failing to conduct proper due diligence serve as an example to those who prefer to make a quick buck and ignore fiduciary duties

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Swiss lender UBS bore the brunt of the fines imposed by the Securities and Futures Commission. Photo: Reuters
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SCMP Editorial

SCMP Editorial

Editorials represent the views of the South China Morning Post on the issues of the day.