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

TOP PICKS

Swiss lender UBS bore the brunt of the fines imposed by the Securities and Futures Commission. Photo: Reuters
READ FULL ARTICLE