12/27/2014
A crackdown on inside trading in China since the second half of last year has resulted in 39 suspects from over 20 financial institutions being handed over to police
12/26/2014
New State Council guidelines cut red tape for companies investing or raising funds abroad
12/26/2014
Bank dismisses claims, says lawsuit filed as a counter after loan defaultt
12/25/2014
The custodians' reports should also include the information of bank accounts opened and closed by the respective AMCs.
12/25/2014
The approved banks include Zhejiang Wangshang Bank, in which Alibaba holds a 30 percent stake, Wenzhou Minshang Bank, Tianjin Jincheng Bank and Shanghai Huarui Bank.
12/23/2014
Shadow banking is therefore harder to regulate, he said.
12/22/2014
The result will be that all customers who have ever been charged late fees by these organisations will be eligible to share in an eventual successful outcome, should the class actions prevail
12/22/2014
The Chinese cabinet unveiled rules to ease market access for foreign banks in order to open up the domestic financial sector.
12/22/2014
As OCBC finds out, global players operating in China need to go through a long and opaque regulatory process of rebranding after a tie-up
12/21/2014
Starting next week the Australian Tax Office will be working with the Swiss Government to catch Australians who failed to declare assets hidden offshore during a recent amnesty period.
12/21/2014
HDFC Bank had applied for FIPB approval for expanding its equity base by up to Rs 10,000 crore and Ratnakar Bank for capital raising
12/21/2014
Thomas Kwok, the billionaire co-chairman of Sun Hung Kai Properties Ltd. (16), was convicted of conspiring with Hong Kong’s former No. 2 official to commit misconduct in public office. His younger brother, Raymond Kwok, was cleared of all charges.
12/20/2014
Kuwait News Agency Japan's central bank decided on Friday to maintain its current monetary easing measures and left unchanged its assessment of the country's economy.
12/19/2014
Anti-graft officials in Hong Kong raided a residential property belonging to a senior executive at financial services firm Guotai Junan International Holdings.
12/19/2014
Clive Palmer's media adviser and confidant Andrew Crook has been granted bail after being charged over the alleged unlawful detention and coercion of a National Australia Bank executive on an Indonesian island.
12/19/2014
While it found no evidence of benchmark rigging or collusion by banks, the HKMA did point to two failed attempts by Hong Kong-based traders to manipulate the benchmark.
12/18/2014
Withers enters a competitive and growing legal market of serving private clients
12/18/2014
FMC had in Sept commissioned KPMG to conduct the audit after it found that Sheth was allegedly siphoning money from the exchange
12/17/2014
Asian central banks have ramped up their intervention in currency markets to stem the sell-off roiling emerging markets, testing the notion that the region is better placed to handle a market rout than during its 1997-1998 financial crisis.
12/17/2014
The chairman of listed investment company CVC, Vanda Gould, set up a bank in the secretive financial centre of Samoa structured to get around Australian tax law