Hong Kong watchdog, the Securities and Futures Commission (SFC) has reprimanded and fined BNP Paribas Wealth Management to the tune of HK$4 million (US$515,000) for overcharging around 2,300 clients between January 1, 2011 to December 31, 2013. According to the SFC, the overcharged amount totalled HK$9.5 million (US$1.2 million) over transactions covering a variety of investment products including equities, bonds,…
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