Former StanChart Senior Private Banker Charged In HK With Bribery

Published by WealthBriefing Asia – 15th Jan 2018

A former senior private banker for UK-listed Standard Chartered has been charged with bribery by authorities in Hong Kong, media reports said.

Published by Finews.asia – 28th Dec 2017

Australia’s banking lobby put forth new ethics rules and practices to the country’s regulator. The move follows a series of scandals at the big four banks. 

Published by Financial Standard – 21st Dec 2017

ANZ’s attempted sale of a subsidiary business to a Chinese firm has been blocked by New Zealand’s Overseas Investment Office.

Published by Finews.asia – 21st Dec 2017

J.P. Morgan’s private bank was sanctioned for its involvement in a billion-dollar corruption scandal at Malaysian sovereign wealth fund 1MDB. The American bank will get an on-site monitor as a result.

Published by Finews.asia – 20th Nov 2017

UBS, along with a further seven banking giants is in talks with the European Union to settle the investigation into the alleged participation in a forex cartel, according to a media report. The companies face paying penalties reaching billions of euros.

Published by Finews.asia – 15th Nov 2017

HSBC’s Swiss private bank said it is ending a long-running French investigation over offshore accounts by paying a fine. The agreement raises the specter of a settlement for larger rival UBS.