Fund managers both praise and begrudge broad-brush regulation sparked by the collapse of Lehman Brothers five years ago this weekend. In Hong Kong, there is one point of universal agreement.
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The bank agrees to buy back equity-linked notes issued to retail investors between July 2007 and May 2008.
Compliance officers at financial institutions outline how the cost of complying with a raft of regulatory reforms is dampening innovation and making it difficult to stay competitive.
