04/10/2012

Bank exec’s assets frozen

Ang has been in hiding since middle of 2010. As vice president, he was head of Citibank’s Citigold Wealth Management Group that handled clients with deposits of not less than P4 million.

04/05/2012

Macquarie targeted over rogue trader

They are suing for "more than $10 million" as a result of the alleged manipulation of shares in Bill Express, the electronic pre-paid bill payment company that went under in 2008 with debts of more than $200m.

04/04/2012

Manila unit of ING disputes businessman’s claims

Lou, a businessman based in Bacolod, said he lost more than $5 million of his family’s money—including his parents’ retirement funds—in the wake of the 2008 global financial crisis in investments sold to him by ING.

04/03/2012

New sheriff comes to Hong Kong

The swoop by Hong Kong’s graft-busting body on the Kwoks and a former senior government official, coming only days after a new chief executive was elected, provides ample fodder for conspiracy theorists.

04/03/2012

Japanese Bank Group Head Calls for Fiscal Reform

But the country's banks, among the biggest buyers of Japan's government bonds in recent years, aren't likely to face an immediate risk of the kind of sovereign debt crisis seen recently in Europe, said Yasuhiro Sato in a recent interview.

03/30/2012

Allen & Overy welcomes 23 to its partnership

Allen & Overy today announces 23 promotions to partner across 14 offices in 12 countries. Nearly 40% of new partners are female and, for the fifth year running, the majority (73%) are based outside London, underlining Allen & Overy's commitme