HK watchdog rebukes Goldman Sachs

The SFC blasted the US investment bank for breaching its takeover code while advising Wing Hang Bank on its $5 billion acquisition by OCBC in 2013/14.

Hong Kong's securities regulator publicly censured Goldman Sachs on Tuesday for its conduct while advising local bank Wing Hang on its takeover by Singapore’s Oversea-Chinese Banking Corporation.

¬ Haymarket Media Limited. All rights reserved.

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