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.
08/05/2012
It labelled UK-based Standard Chartered a "rogue institution".
08/02/2012
In making its decision, the FSA took into account the steps taken by Nomura already including a voluntary suspension of institutional equity sales activities for a week last month.
08/02/2012
In relation to matters raised in recommendations issued by the Securities and Exchange Surveillance Commission, we announced a series of improvement measures on June 29, including strengthening the management of corporaterelated information, improving o
08/01/2012
Local media had extensive coverage on cases including loansharking by bank employees and fundraising fraud before authorities were briefed on the matters, Shanghai Daily said.
08/01/2012
The announcement was made by Ravi Menon (pictured), managing director of the MAS, at the MAS annual report 2011/12 press conference held last week in Singapore.
07/31/2012
Although banks that participate in the setting of Sibor and Tibor are being scrutinized, sources do not expect a regulatory crackdown in either jurisdiction.
07/31/2012
The Securities and Exchange Surveillance Commission, which is the investigative arm of Japan’s Financial Services Agency, recommended that the regulator take unspecified disciplinary action against the country’s biggest brokerage, the SESC sai
07/31/2012
Miss Au said she believed the Shanghai post-secondary students could experience the unique international appeal of Hong Kong through their study tour here.
07/31/2012
According to the new regulations, the auditing giants should form special group partnerships with limited liability to continue their business in China when their joint venture terms end.
07/30/2012
The IMF urged Beijing to continue these efforts, and frame them with clear medium-term fiscal plans, to provide evidence that the reform agenda is fiscally sustainable.
07/29/2012
The revised tax agreement would provide for effective exchange of information, including banking details