06/07/2012
He will also seek to rebuild confidence damaged by corporate scandals, including the massive accounting fraud at Olympus Corp. and AIJ Investment Advisors Co.'s concealment of close to ¥110 billion.
06/07/2012
Justice Paul Heath has just delivered the sentence in Auckland High Court.
06/07/2012
Walker noted that in weighing up his options on the collapse of Dewey he had spoken to a number of clients, who supported his move to King & Wood Mallesons.
06/07/2012
Around 43,700 Hong Kong people invested nearly 15.7 billion HK dollars in products issued or guaranteed by Lehman Brothers before it collapsed in September 2008.
06/06/2012
A second round of licences will be handed out later this year as part of the QFLP and are likely to be hotly contended.
06/06/2012
He obtained his LL.B. from Buckingham University and LL.M. from King’s College, University of London and is a Senior Fellow at The University of Hong Kong. He is qualified to practice law in Hong Kong and England & Wales.
06/05/2012
Asian banks will have a tough time meeting new global liquidity rules because of a shortage of assets such as top-rated government debt that can be converted into cash quickly, according to KPMG.
06/05/2012
Hontex International Holdings Co. sought to halt a lawsuit seeking compensation for investors who, Hong Kong’s securities regulator said, were misled by the Chinese fabric maker in its listing prospectus.
06/01/2012
The rule, if it goes ahead, could scupper a $7.3 billion bid by Singapore's DBS Group Holdings for Indonesia's Bank Danamon.
06/01/2012
There were no details about what exactly Yang was being investigated for, but the discipline commission is often involved in looking into major corruption cases.
06/01/2012
“I don’t think that now that judgment has been rendered by the impeachment court, these processes will also terminate,” Abad said in a text message to the Philippine Daily Inquirer.
05/31/2012
JPMorgan Chase & Co. faces a new regulatory headache, as Japan's securities watchdog is probing the company for possibly leaking insider information, according to a person familiar with the matter.
05/31/2012
A Malaysian investor is filing a lawsuit in Singapore against a banker from the French bank Credit Agricole over an unsuccessful share investment, the Singapore Straits Times reported today.
05/31/2012
Ex-UBS employees, including former Managing Director Sachin Karpe, are accused of unauthorised transactions on 39 client accounts, of which 21 reported substantial losses.
05/30/2012
The Upper Tribunal heard Karpe’s appeal against the FSA’s verdict.
05/29/2012
The government of Singapore is inviting more foreign law firms to apply for Qualifying Foreign Law Practice (QFLP) licences and will start accepting applications from 1 July.
05/28/2012
The multiple-license system will replace the existing practice of banks requiring just a single license, after which they have widespread freedom in conducting their business, constrained only by the nation’s banking law.
05/28/2012
She was detained on March 6 as part of an investigation into one of her high net worth clients who was suspected to have left China late last year after absconding with millions of dollars.
05/28/2012
It will also ratchet up the pressure on Nomura CEO Kenichi Watanabe, who had just taken the helm in 2008 when the company fired a Hong Kong-based employee at the centre of an insider trading ring.
05/28/2012
Private companies would be allowed to buy into banks through private stock placements, new share subscriptions, equity transfers, mergers and acquisitions, the official China Daily said, citing the China Banking Regulatory Commission.