Bank probes find manipulation in Singapore's offshore FX market

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.


Malaysia campaigners tackle Swiss banks

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


Harneys continues Hong Kong expansion

The transfer together with other recent recruitment brings to 24 the number of lawyers in the firm’s Hong Kong office and makes Harneys the second largest of the offshore magic circle in that city.


DLA Piper gains approval for South Korea launch

“DLA Piper wants to act as a conduit for both our multinational clients who want to do business in Korea and our Korean clients wanting to do business with the rest of the world."