He deserved to be fired because he was guilty of “gross misconduct,” RBS, Britain’s biggest government-owned lender, said in court papers filed in Singapore High Court late yesterday.
SBI Japannext, Chi-X Japan Ltd. and other new venues that display prices handled 5 percent of the trades in Topix Index stocks last year, the most since the platforms started in 2007, data compiled by Bloomberg shows.
Ma Sin-chi, a managing director of Deutsche Bank in Hong Kong, appeared in court Thursday charged with accepting advantages following an investigation by the Independent Commission Against Corruption (ICAC).
The Best Equity-Linked Deal honour goes to CFS Retail Property Trust, which issued in June 2011 a AUD300 million convertible bond (CB) to fund a concurrent tender offer for up to AUD300 million of the outstanding AUD595 million CBs due 2014. The deal, whi
Chief executive Piyush Gupta, in his first public comments since the fraud, said: 'It (was) a 'skimming' scheme that can happen to any bank. In fact, frankly, it happens to banks all the time.
White & Case is advising on US law aspects of the issue. Jakarta-based Thamrin & Rachman Law Firm is providing Indonesian counsel to the issuer, with Allen & Gledhill - which is currently in talks over a tie-up with Allen & Overy - providi
RBS, Britain’s biggest government-owned lender, is co- operating with investigations by the U.S. Commodity Futures Trading Commission, the U.S. Department of Justice and the European Commission into whether Libor had been manipulated.
In an order dated Jan. 5, the Securities and Exchange Board of India, or SEBI, said on its website it fined Manoj Gaur 1 million rupees (about $18,900) and an equal fine on his wife and brother for alleged insider trading.
The CBDT fears that if these names are leaked and they are publicised, global financial bodies like OECD and other tax exchange treaty countries will either stop or grow reluctant to share such data with India as this will scare away foreign investors in
Customers who used two of its standalone ATMs at Bugis Street over a three-day period in late November are likely to have had their card details and personal identification numbers (PINs) stolen, according to the bank's analysis of the fraud victims&
“Japanese companies have been making aggressive moves abroad as a result of a strengthening yen and recognition of the need for greater geographic diversity following disruptions to their operations due to the tsunami and earthquakes in 2011,”