UBS faces 18-month sponsor ban for Hong Kong IPOs

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UBS faces 18-month sponsor ban for Hong Kong IPOs

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UBS offices at 9 Appold Street in the City of London. | Philip Toscano/PA Archive/PA Images

Hong Kong’s market regulator is planning to ban UBS from sponsoring any IPOs in the city for 18 months, according to a section in the bank’s 2017 annual report released on Friday.

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