08/24/2016
Under the proposals, listing applicants will need to meet certain requirements for dual-class shares, said the people, who asked not to be named because the discussions are private.
08/24/2016
The government is entitled to decide who will lead the bank.
08/24/2016
Under the resolution, the SFC reprimanded and fined MSHK $18.5 million for breaches of the Code of Conduct
08/24/2016
The dispute relates to Brooks’ 2012 purchase of Channel Island fund manager Spearpoint, which had invested around £30 million in zero dividend preference shares issued by Origo.
08/23/2016
The report also recommends developing a new governance model and setting up a new national payments council.
08/23/2016
At a time when corporate credit demand has not picked up yet, banks are relying on retail lending to help grow their books.
08/23/2016
Investors in the fund are primarily public and corporate pension plans and insurance companies based in both the US and Europe.
08/22/2016
The Department of Financial Service of New York State announced Friday that it has imposed a US$180 million fine on Mega Bank's New York branch.
08/22/2016
If RBI's recommendations are finalised, it will give more teeth to the existing fair practice code
08/22/2016
The US Department of Financial Services said it had identified "suspicious transactions" between Mega International's New York and Panama Branches.
08/22/2016
The New York agency said the bank's head office was indifferent toward the risks associated with transactions involving Panama
08/22/2016
Negative interest rates were unlikely to hurt the country's banking system because domestic lenders had sufficient capital, Kuroda added.
08/22/2016
The committee expects a minimum of four investors bidding for the 8 percent stake.
08/21/2016
Investigators are looking into alleged fraud related to a Malaysian fund
08/19/2016
The class action, filed in the U.S. District Court for the Southern District of New York, claims the banks sought to fix the bank bill swap rate, the local equivalent of Libor, which is used to price billions of dollars of floating-rate bonds and syndicat
08/18/2016
As the UK’s exit negotiations unfold in the months and years to come, it is vital for those in the Asian corporate jet industry to continue to monitor and assess the evolving impact of UK’s exit from the EU.
08/18/2016
Rajan listed a number of institutions that oversee banks, including parliament, the recently created Banks Board Bureau to improve governance at state-owned lenders and the Reserve Bank of India.
08/18/2016
The signatories of the TIEA were the Mauritian Minister of Finance and Economic Development, Pravind Jugnauth, and the South Korean Ambassador designate to Mauritius, Kwon Young-Dae.
08/18/2016
Various financial institutions, financial industry incumbents along with the MAS have embarked on this path and are creating a favorable environment for fintech startups.
08/18/2016
Mr Kerr breached the financial services laws by representing to those clients that he was authorised by MEL to operate a discretionary trading account in circumstances where he was not.