05/22/2020
Banks that participated in the loan facility to Lu’s investment vehicle have signaled they plan to sell Luckin shares pledged as collateral, though its unclear whether they’ve started offloading the stock or how much money they’ll be abl
05/20/2020
Initially, most enforcement actions will pertain to infractions the agency would have pursued under the suitability standards regardless, according to FINRA's head of enforcement.
05/19/2020
Update prepared by Christopher Edwards (Partner, Guernsey) and Jeremy Bell-Connell (Associate, Guernsey)
05/17/2020
It has to be underlined that UBS' ambitious plan depends on securing a digital bank license to operate on the Chinese mainland, and its success will also depend on the fierce competition of domestic players such as Alibaba's MYBank, Tencent&