The District Court found that, between September 2007 and February 2008, Hsu dishonestly effected a number of unauthorized transactions, fund transfers and loan draw downs in customer accounts that she handled during her employment with Merrill Lynch.
International tax services, apart from the American, will be able to collect data relevant from January 1, 2013.
The discovery widens a global lending rate scandal into new markets, as fallout from the Libor case puts banks under added scrutiny and spurs both regulators and institutions to reconsider how certain key interest and currency rates are set.
The third country in the world to adopt the generic name of the Baker Tilly brand besides the UK and the United States, the firm had its merged clientele expanded to about 100 public-listed companies.
The rainforest advocacy group Bruno Manser Fund (BMF) has filed a complaint to the Swiss attorney general’s office against four banks – UBS, Edmond de Rothschild, Pictet and Deutsche Bank – for their dealings with the Malaysian Taib clan