Asia
Hong Kong financial watchdog fines UBS for regulatory breaches
‘Bank failed to act with due skill and care’
Second call for Aussie firms leaving advice market to pay levy
Expecting small companies to fork out on regulatory costs for the ‘sins of the past’ is ‘unconscionable’
Recent selloff in Chinese stocks presents opportunities
Asset manager believes investors should look at capital goods, tech and industrial upgrading
By Sophie He
PEOPLE MOVES: HSBC, Schroders, Sanlam Wealth
Bank names CIO for Europe and Mena, while asset management giant hires chair
Aussie fintech firm rejects second overture
Improved offer from Luxembourg-based would-be acquirer failed to sway the board