04/11/2017

CITIC cleared by tribunal in case of 2008 losses

The tribunal began looking into Citic and directors including former Citic chairman Larry Yung Chi-kin in September 2014 even as the SFC launched a lawsuit seeking sanctions against the five and compensation for up to 4,500 investors.

04/05/2017

UBS With Black Eye Over 1MDB

The scandal was a big issue at Finma's annual press conference earlier on Tuesday in Bern, when the regulator said money-laundering cases had more than doubled on the year.