Taiwan clears Goldman Sachs, UBS after probe of TSMC share sales


The Financial Supervisory Commission (FSC) found the firms, which include Goldman Sachs Group Inc, Citigroup Inc and UBS Group AG, had committed no wrongdoing in their trading of Taiwan’s biggest company, according to a commission report prepared for lawmakers and seen by Bloomberg.

TAIPEI: Taiwan’s financial regulator cleared 10 foreign brokerages of misleading investors following a probe into their sales of Taiwan Semiconductor Manufacturing Co (TSMC) shares.

The Financial Supervisory Commission (FSC) found the firms, which include Goldman Sachs Group Inc, Citigroup Inc and UBS Group AG, had committed no wrongdoing in their trading of Taiwan’s biggest company, according to a commission report prepared for lawmakers and seen by Bloomberg.

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Goldman Sachs , UBS , Citi , TSMC , shares , sales ,

   

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