Goldman Censured by Hong Kong Regulator Over Wing Hang Deal

  • Asia unit executed trades without making requisite disclosures
  • Goldman had advised Wing Hang on its takeover by OCBC

Goldman Sachs Group Inc.’s Asia unit was censured by Hong Kong’s securities regulator for breaching the city’s takeovers code while advising Wing Hang Bank Ltd. on its acquisition by a Singaporean lender.

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