Former UBS China banker given nine years in prison for insider trade

BEIJING/HONG KONG (Reuters) - A former UBS banker in China has been sentenced to nine years in prison by a Shanghai court for disclosing inside information related to an acquisition deal in 2017, court documents show and sources with knowledge of the case said.A statement on the Shanghai No.1 intermediate People's Court's official WeChat account only referred to the banker by his surname, Sang, but a separate court document seen by Reuters gave the UBS banker's full name as Sang Renzhao.The..