Posts Tagged ‘ licence ’

Hong Kong watchdog revokes IPO sponsor's licence, imposes record fine

April 23, 2012 | FINANCE

HONG KONG/SINGAPORE (Reuters) – Hong Kong's stock market regulator has hit Mega Capital, the underwriter of a troubled 2009 listing with some of its toughest enforcement action to date, revoking a corporate finance advisory licence for the first time and imposing a record fine. The move comes days after sources told Reuters that the...

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Morgan Stanley secures wholesale banking licence

March 10, 2012 | BUSINESS

SINGAPORE – Morgan Stanley has received a wholesale banking licence, paving the way for it to accept deposits to help expand its private bank business, and more critically, boost its funding. (read on…) – BUSINESS Related items UPDATE 1-Carlyle's SE Asia head quits after dealmaking drought More banks added to Formula One IPO line-up...

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