Hong Kong Bans Former Goldman Sachs Banker Leissner for Life

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Hong Kong’s Securities and Futures Commission banned former Goldman Sachs Group Inc. banker Tim Leissner from the city’s financial industry for life.

Leissner, Goldman Sachs’s former Southeast Asia chairman, was banned from the U.S. and Singapore financial industries earlier for his role in helping divert billions of dollars from the Malaysian state fund 1MDB.