02/11/2014
Investment bank UBS has suspended two members of its staff in Hong Kong after launching an investigation into the hiring of an employee related to the head of a mainland corporate client.
02/11/2014
HSBC Sued by Singapore Billionaire's Ex-Wife
HSBC Holdings Plc was sued by Singaporean billionair’s ex-wife, who claimed she suffered losses because of the bank’s negligence.
02/11/2014
A class action lawsuit claiming banks charge unfair penalty fees has added Westpac Banking Corp., Bank of New Zealand and ASB Bank to its existing suit against Kiwibank and ANZ Bank New Zealand.
02/10/2014
The verdict against Martoma followed a four-week trial and 15 hours of deliberation by the jury and has left Martoma facing a maximum of 20 years in prison on two counts of securities fraud and a conspiracy charge, although his final sentence may be close
02/10/2014
he Bahamas says a new policy allowing nationals to travel to China visa free for 30 days goes into effect on Wednesday, February 12.
02/10/2014
Financial industry executives are almost as concerned about the growing demands of regulatory compliance as they are with market volatility
02/10/2014
The moves proposed by the Monetary Authority of Singapore and the Singapore Exchange on Friday targeting speculative trading in penny stocks are welcome since all are aimed at improving the quality of listings, transparency and levelling the playing field
02/10/2014
UBS AG has suspended two executives, including its top IPO banker in Asia, in an internal probe into the hiring of an employee related to the head of a Chinese listing hopeful, according to people familiar with the matter.
02/07/2014
A Seoul appellate court on Thursday commuted a former top tax official's prison term to three and a half years for taking bribes from CJ Group, a food and entertainment conglomerate, in 2006.
02/07/2014
Lo Hoi Luen has been banned for life from re-entering the industry by the city's securities regulator, after forging a client’s signature for a product purchase.
02/06/2014
We’ll have more focus on growth in 2014
02/06/2014
UBS probed for tax evasion
UBS, the largest Swiss bank, is suspected of stashing away proceeds worth about 50 billion won
02/05/2014
Australia's Federal Court has found that late fees charged by Australia and New Zealand Banking Group (ANZ) were "extravagant, exorbitant and unconscionable".
02/04/2014
We identified global regulation and investigations as an area that is one of the greatest for clients in terms of concern, focus and spend
02/04/2014
The revolutionary changes sweeping jurisdictions like the UK with their "Tesco law" changes have begun to radically alter the way in which law firms are structured and owned.
02/04/2014
Attention being paid by senior management to money laundering challenges is at an all time high according to findings from a new KPMG International report.
01/30/2014
PHILIPPINES: Former Chief Justice and wife indicted for unexplained wealth
Forfeiture case to be filed at Sandiganbayan vs Coronas
01/30/2014
HK fugitive bribed bank official with HK$2.3M
Zeng was recently arrested when he reportedly used a different identity to try to enter Saipan
01/30/2014
THAILAND: SEC asks asset management companies to prepare for panic selling by investors
The Securities and Exchange Commission on Wednesday asked asset management companies to increase to twice daily their reporting of money flowing in and out of mutual funds
01/30/2014
Ms Tan argues divorce case should not be heard in Britain because she lives in Malaysia and Mr Choy is from Hong Kong