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.
The defence statement was compiled by 3VB’s Adrian Beltrami QC, instructed by Matthew Arnold & Baldwin partner Clare Stothard, for Barclays.
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.
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.
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