A Financial Services Agency (FSA) official would take charge of inspecting Hong Kong branch offices of Japanese lenders including Mitsubishi UFJ Financial Group Inc, Hiroshi Okada, a spokesman for the regulator, said by telephone yesterday.
If you’re wondering what sort of assets that includes, Reuters wrote up an excellent investigation of the WMP scene, beginning with the case study of “Golden Elephant no. 38″ which promises a 7.5 per cent return.
Standard Chartered has what its own chief executive has described as a “boring” business model of financing trade in and out of Asia, which means doing a lot of transactions involving foreign currency on one side and U.S. dollars on the other.
Goldman Sachs plans to train employees on ethics from November through February, and last month began programs on maintaining confidentiality, the New York-based bank said in a statement on its website yesterday.
In relation to matters raised in recommendations issued by the Securities and Exchange Surveillance Commission, we announced a series of improvement measures on June 29, including strengthening the management of corporaterelated information, improving o
The announcement was made by Ravi Menon (pictured), managing director of the MAS, at the MAS annual report 2011/12 press conference held last week in Singapore.
The Securities and Exchange Surveillance Commission, which is the investigative arm of Japan’s Financial Services Agency, recommended that the regulator take unspecified disciplinary action against the country’s biggest brokerage, the SESC sai