08/15/2012
RBC has also agreed to make repurchase offers to eligible customers and compensation to eligible former customers in a resolution made under section 201 of the Securities & Futures Ordinance.
08/14/2012
According to Bloomberg, Sandeep Sharma, a managing director at HSBC private banking arm, has asked the Singapore High Court to make Yahoo! Asia Pacific reveal the identity of a person using the name "Sandeep" and claiming to be Sharma.
08/14/2012
Shave off £5.8bn and set to bake for one week. Take out of oven right before courtroom hearing. Serve cold to investors.
08/13/2012
The total figure is double that of the same period last year, which was 222, and is already nearly 74 percent of the total count for 2011.
08/13/2012
US regulators are getting tough over money laundering activities and central banks in Asia are also monitoring developments closely.
08/13/2012
The defence statement was compiled by 3VB’s Adrian Beltrami QC, instructed by Matthew Arnold & Baldwin partner Clare Stothard, for Barclays.
08/12/2012
Issues related to HSBC and Stanchart would be discussed at the next meeting of representatives of RBI and FSA, along with other supervisory developments and matters concerning various banks having operations in India and the UK, the official said.
08/12/2012
There are currently eight banks on the QFB scheme, two of which have already established a local subsidiary, or have announced plans to do so.
08/12/2012
No specific reason was given for the delay.
08/09/2012
A Financial Services Agency (FSA) official would take charge of inspecting Hong Kong branch offices of Japanese lenders including Mitsubishi UFJ Financial Group Inc, Hiroshi Okada, a spokesman for the regulator, said by telephone yesterday.
08/09/2012
The gradual transition to higher capital standards from Basel II would over time enhance the resilience of the domestic banking sector as a whole.
08/08/2012
If you’re wondering what sort of assets that includes, Reuters wrote up an excellent investigation of the WMP scene, beginning with the case study of “Golden Elephant no. 38″ which promises a 7.5 per cent return.
08/08/2012
Standard Chartered has what its own chief executive has described as a “boring” business model of financing trade in and out of Asia, which means doing a lot of transactions involving foreign currency on one side and U.S. dollars on the other.
08/08/2012
Japan's biggest bank has suspended a London-based trader over the widening interest-rate rigging scandal in Britain that has rocked confidence in financial markets.
08/08/2012
In the U.K., lawmakers are debating proposals to force banks to ring-fence their retail banking operations from the riskier investment banking activities by 2019.
08/07/2012
Goldman Sachs plans to train employees on ethics from November through February, and last month began programs on maintaining confidentiality, the New York-based bank said in a statement on its website yesterday.
08/07/2012
Singapore's financial regulator has published final rules enacting changes for fund management companies (FMCs) operating there.
08/06/2012
Standard Chartered has firmly rejected claims that it “schemed” with Iran to conduct secret transactions worth $250bn (£160bn). Here is its statement in full.
08/06/2012
The Monetary Authority of Singapore (MAS) has announced that the implementation of an enhanced regulatory regime for fund management companies (FMCs) will take effect from 7 August 2012.
08/06/2012
The notes later failed and the Singapore-based company was required to compensate customers for at least $32 million in losses, according to the filing.