Hong Kong regulator bans ex-Morgan Stanley banker from trading
HONG KONG, March 4
HONG KONG, March 4 (Reuters) - Hong Kong's stock market regulator banned former Morgan Stanley Asia managing director Du Jun from re-entering the industry for life for insider trading in shares of CITIC Resources Holdings Ltd .
Du was jailed in 2009 on 10 counts of insider trading in the shares of CITIC Resources Holdings while he was part of the Morgan Stanley team advising the company on a proposed deal to buy oil field assets in China.
For the regulator's press release:
- Israel rejects ceasefire plan, source says as death toll nears 850 |
- Bad weather seen as probable cause of Air Algerie crash
- First Ebola victim in Sierra Leone capital on the run
- White House aide says Republicans might try for Obama impeachment
- EU edges to economic sanctions on Russia but narrows scope |