04/27/2015
It said the loan had been authorised by 1MDB, supposedly in favour of its former joint venture partner PetroSaudi International although Jho Low has repeatedly maintained that he has held no role in 1MDB and made no profit from its investment dealings.
04/27/2015
The investigation by the Seoul Southern District Public Prosecutors' Office is based on findings announced earlier this year by South Korea's Financial Supervisory Service, which in January ordered Macquarie to fire the fund manager.
04/22/2015
The ANZ Bank's deputy chief executive, Graham Hodges, has apologised to a Senate Committee for the banking group's failings around its Prime Access offering amid political and regulatory criticism that clients paid for financial advice they did
04/22/2015
The Reserve Bank will be spurred to reduce its benchmark rate from 2.25 percent as the local dollar remains resilient while Europe and Japan’s quantitative easing drive demand for Australia’s higher yields, he said.
04/21/2015
CFA Institute, the global association of investment professionals, will partner with SBIāMutual Fund for ‘Adoption of Asset Manager Code and Investment Performance Standards’ very soon, a top executive said.
04/21/2015
Global finance is facing an Eastward shift, with Asian cities such as Singapore, Hong Kong and Shanghai now ranked among the world’s leading financial centres