UBS Faces Uphill Battle to Regain Ground After HK IPO Ban Lifted
UBS Faces Uphill Battle to Regain Ground After HK IPO Ban Lifted 3HONG KONG (Reuters) – UBS Group AG is likely to have a hard time regaining ground lost in the 10 months it was banned from the big-money business of sponsoring IPOs in Hong Kong, where Chinese rivals have become formidable players, bankers and analysts said. The Swiss bank’s unprecedented year-long ban ended two months early after regulators …
News story posted on 2020-01-20T07:23:00.0000000Z