09/08/2011

Kiwi trader hiding in Panama

A Kiwi investment trader is believed to be hiding out in Panama after he allegedly ripped off mum and dad investors of up to A$20 million in an elaborate international Ponzi scheme.

09/06/2011

Banks face tight timeline on global capital rules

Australian banks will need to meet new global capital rules ahead of the internationally agreed timetable under proposals made today, although the move is unlikely to force any of them to raise any new equity immediately.

09/01/2011

Asian banks accept G-Sifi surcharge

Banks from emerging markets have resisted criticising a capital surcharge on worldwide banks, in contrast to peers in Europe and North America, in a key Basel consultation.

08/12/2011

Bank Bumi mystery figure dies

The man at the center of what was then the world’s biggest bank failure and Asia’s biggest corporate failure takes his secrets to the grave