All posts tagged "Credit Suisse"
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588ChinaUPDATED – Shanghai-London Connect to Start Trading 17 June
GDRs issued by Huatai Securities will be admitted to the Shanghai-London Stock Connect segment of the LSE on 20 June, when trading will commence.
June 13, 2019 -
574EnforcementSwitzerland Fines Five Global Banks Involved in FX Trading Cartel
Adding to the European Commission's $1.2bn fine last month, Citigroup, Barclays, RBS, JP Morgan and MUFG have been fined $91mn by the Swiss Competition Commission.
June 10, 2019 -
450EuropeISDA CDM Deployed in UK Digital Regulatory Reporting Pilot
The UK initiative is exploring the use of technology to help firms meet their regulatory reporting requirements and improve the quality of information reported.
May 23, 2019 -
343Australia & NZNAB Provisions Extra A$750mn for Customer Refunds
The additional provisions reflect expected payouts for NAB's employed advisers, and the costs to review advice provided by its self-employed adviser network.
April 19, 2019 -
766EnforcementGoldman, Credit Suisse Raided in Seoul in Samsung BioLogics Probe
Prosecutors are reportedly looking for information about a scrapped Nasdaq listing of a Samsung BioLogics subsidiary, to shed light on possible accounting irregularities.
April 15, 2019 -
760AML / KYCMAS Details Enforcement Outcomes, Priorities in Inaugural Report
The inaugural enforcement report reveals that MAS issued S$16.8mn in financial penalties and S$698,000 in civil penalties over 18 months.
March 21, 2019 -
671Capital RegulationUS Fed Considers Stricter Rules for Foreign Bank Branches
Foreign banks say added requirements are unnecessary, as their US branches are limited in their activities, rarely hold federally insured deposits, and are subject to home country rules.
March 11, 2019 -
1.2KFeatureSOFR Gains Acceptance as LIBOR Alternative
Credit Suisse, the World Bank and Fannie Mae have now all issued new debt referencing the SOFR, which draws from actual repo market transactions to reflect the cost of borrowing cash secured against US government debt.
August 22, 2018 -
394ChinaThe Risky Business of Hiring Chinese Investment Bankers
The real cost of doing business in China was suddenly revealed with Credit Suisse’s settlements totalling $77 million with the SEC and DOJ over its alleged violations of the Foreign Corrupt Practices Act by employing Chinese princelings and princesses.
July 9, 2018 -
257AML / KYCMAS Hits Former Credit Suisse Banker with Prohibition Orders
Former representative deliberately concealed identity of beneficial owner on three accounts, making it difficult for the bank to monitor and detect suspicious transactions.
May 7, 2018
