06/18/2019
Without admitting or denying the SEC’s findings, ICBCFS agreed to be censured, return nearly $24 million in ill-gotten gains, and pay $4.4 million in prejudgment interest and a $14.3 million penalty.
06/18/2019
Signed in Madrid at the International Organization of Securities Commissions last year
06/18/2019
An independent consultant was commissioned to undertake the thematic review between late 2017 and 2018, assessing AIs which collectively account for a significant market share of the SME customer segment.
06/18/2019
Alex Syhanath, Citi’s head commercial banking arm in Australia, says the venture will court mid-market businesses.
06/18/2019
AFCA will be able to deal with certain complaints about misconduct which it could not previously deal with.
06/18/2019
Datuk Chung Chee Leong, President/Chief Executive Officer of National Mortgage Corporation of Malaysia, discusses agency's bond and sukuk issuance, risk management and investor relations
06/18/2019
MAS’ investigation found that Mr Michele had falsified emails on such background checks.
06/17/2019
The NPS has been having trouble attracting experienced portfolio managers — so it’s looking at training its own.
06/17/2019
The new directions and conditions are designed to deliver enhanced member outcomes by requiring AMP Super to make significant changes to its business practices.
06/17/2019
The scandal has led to an eight to nine percent increase in the cost of anti-money-laundering compliance for companies over the past two years – and the amount is expected to rise by a similar percentage this year according to a recent survey
06/17/2019
The President also criticized communist rebels who carry out their own version of land reform.
06/17/2019
The ED wants the liquidation to be halted as it is in the midst of establishing the money trail that led to an alleged loan fraud of $1.26 billion (around Rs 8,800 crore) by the company in 2013.
06/17/2019
The Swiss bank is reviewing the matter and evaluating whether more steps need to be taken, a spokesman said by email.
06/17/2019
It will adopt a hyperscale model, to be leased on a large, long-term basis to wholesale clients," the fund says
06/17/2019
The significant decline is likely a combination of natural attrition and also multitude of reforms impacting the industry at present such as education standards and changes to advice remuneration.
06/17/2019
The agreement was signed by H.E. Younis Al Khoori, Undersecretary of MoF and H.E. Dr. Bernard Chan, Undersecretary for Commerce and Economic Development, Hong Kong, in the presence of officials from both sides
06/14/2019
The former Winsome Diamonds Director has justified the default by stating that that the group’s customers in the Gulf region were hit by derivatives and commodities trading losses of US$1 billion and were unable to pay him.
06/14/2019
We look forward to strengthening our working relations
06/14/2019
Sales agents giving false information regarding policy coverage, guaranteed interest rates or regulations on premium payments made up the majority of non-claims-related cases, it said.
06/14/2019
It had provided the documented annual reviews from January 2014 to March 2018 to required clients and is expecting to complete remediation by mid-July for 1410 instances where annual reviews were not found to have been provided.