02/29/2016

$100-M Laundering Via PH Banks, Casinos Probed

The country's financial regulators are investigating what could be the biggest single money laundering activity ever uncovered in the Philippines—a total of $100 million that was brought into the country’s banking system, sold to a black

02/26/2016

RBI includes National Bank of Abu Dhabi in Reserve Bank Act

NBAD is the leading bank in the Middle East. Currently, it has a global presence in 17 countries and overseas territories, spanning five continents: It has operations in China, Hong Kong, Malaysia, India, Oman, the UAE, Kuwait, Bahrain, Jordan, Lebanon, E

02/22/2016

HSBC’s Asia hiring practices probed by SEC

Based on the facts currently known, it is not practicable at this time for HSBC to predict the resolution of this matter, including the timing or any possible impact on HSBC, which could be significant.