05/31/2018
The banking royal commission has unleashed a deluge of fresh complaints and admissions about misconduct in the finance sector, the corporate regulator has revealed.
05/31/2018
The SFC’s disciplinary action followed an independent review jointly agreed by the SFC and HSIM.
05/31/2018
Hong Kong regulator fines wealth manager
Noah HK did not have an adequate supervision and control mechanism in place for monitoring the sale of investment products.
05/30/2018
The hires will take place over the next year or two and raise the team’s overall strength to about 500.
05/30/2018
As a result of this, fees would still consume a large percentage of gross returns across the board, he said.
05/30/2018
The matriarch had asked the trustee to increase its shareholding since 2016, but to no avail, he added.
05/30/2018
Operating in a sheltered market enabled Chinese banks to outgrow their foreign competitors, a fact that Yi acknowledged.
05/30/2018
All bankers in this country cannot be penalized for the bad lending decisions taken by some of the top management.
05/30/2018
Chinese law does not require a legal representative to have actual knowledge of, or be personally involved in, any of the violations stipulated above.
05/30/2018
The Beijing-headquartered company intends to proceed with the liquidation of the Delaware entity on May 31.
05/29/2018
Initial success combating interbank borrowing, asset products
05/29/2018
The collapsed talks mark the end of nearly four months of deliberations about how SoftBank would invest in Swiss Re, though the two companies said Monday they may yet agree to collaborate on some businesses.
05/28/2018
Robeco was awarded mandates, collectively representing $500 million, by two financial institutions in Australia and New Zealand.
05/28/2018
A former financial adviser permanently banned by ASIC in 2016 has appeared in court, charged with $5.9 million of fraud.
05/27/2018
Changes under the Future of Financial Advice regime in 2013 banned conflicted remuneration for advice but some commissions were allowed to continue; they were grandfathered.
05/25/2018
One suspects, however, that Lindsay Maxsted and Brian Hartzer have the most reasons to feel relieved.
05/25/2018
Under the joint venture agreement, Nomura and LINE Financial plan to establish LINE Securities Corporation1 on June 1, 2018.
05/24/2018
According to SGX, it has "full confidence" in its legal position and will "vigorously defend this action"
05/24/2018
Malaysia’s Finance Minister Lim Guan Eng met with people involved in the scandal-plagued fund and said its directors had confirmed that 1MDB was insolvent and “unable to repay its debts
05/24/2018
On May 18, 2018, Huabei, Ant Financial's consumer finance service, announced it would partner with various financial institutions, including banks