08/22/2012
Mr. Tan has argued throughout the case, which commenced late last year, that is common practice for senior bank employees to make requests to RBS's rate setters about appropriate rates.
08/22/2012
"MAS does not tolerate any flow of illicit funds through our financial system," she said in an emailed statement to Reuters.
08/21/2012
Stock markets tumbled yesterday when the high-profile detention was reported in the state media, with the main HNX index closing down by 5.24pc.
08/21/2012
Britain's Financial Services Authority is considering possible reforms to how the Libor is set after a scandal erupted in June over rigging of the rate. Mr. Chan noted that Hong Kong would wait for the recommendations to see if the city would follow
08/21/2012
The HKMA announced the latest minimum acceptable credit ratings applicable to long-term debt instruments in June 2006.
08/19/2012
The moves, coming separately from the People's Bank of China and the China Banking Regulatory Commission, form part a campaign to clean up China's financial system as it opens up domestic capital markets to diversify funding options for cash-s
08/19/2012
The Dodd-Frank Act was spurred by the 2008 financial crisis and aims to impose tighter supervision of cross-border derivatives trade following incidents such as the loss-making trades by the so-called "London Whale" at JPMorgan's UK office.
08/16/2012
Firm would like to open a local office within about a year, depending on the political situation
08/16/2012
Morgan Stanley believed it was selling a 12% stake in the building to a unit of a state-owned real-estate company but instead sold shares to an entity controlled by Mr. Peterson, the Chinese official and a Canadian lawyer, prosecutors said.
08/15/2012
Marcos ruled the Philippines from 1965 to 1986, when he was overthrown by a popular revolt. He died in exile in Hawaii in 1989.
08/15/2012
Iran's central bank has won-denominated accounts at Industrial Bank of Korea and Woori Bank, both owned by the Korean government, to settle payment for its oil sales to Seoul, and its product imports from the Northeast Asian country.
08/15/2012
Australian private banker steals from famous author
She worked for the private banking division, which offers personalised service to high net wealth customers.
08/15/2012
RBC has also agreed to make repurchase offers to eligible customers and compensation to eligible former customers in a resolution made under section 201 of the Securities & Futures Ordinance.
08/14/2012
According to Bloomberg, Sandeep Sharma, a managing director at HSBC private banking arm, has asked the Singapore High Court to make Yahoo! Asia Pacific reveal the identity of a person using the name "Sandeep" and claiming to be Sharma.
08/14/2012
Shave off £5.8bn and set to bake for one week. Take out of oven right before courtroom hearing. Serve cold to investors.
08/13/2012
The total figure is double that of the same period last year, which was 222, and is already nearly 74 percent of the total count for 2011.
08/13/2012
US regulators are getting tough over money laundering activities and central banks in Asia are also monitoring developments closely.
08/13/2012
The defence statement was compiled by 3VB’s Adrian Beltrami QC, instructed by Matthew Arnold & Baldwin partner Clare Stothard, for Barclays.
08/12/2012
Issues related to HSBC and Stanchart would be discussed at the next meeting of representatives of RBI and FSA, along with other supervisory developments and matters concerning various banks having operations in India and the UK, the official said.
08/12/2012
There are currently eight banks on the QFB scheme, two of which have already established a local subsidiary, or have announced plans to do so.