All posts tagged "Credit Suisse"
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654ChinaCSRC Opens Investigation into Fraud at Coffee Chain
The chief operating officer of Nasdaq-listed Luckin Coffee, along with his employees, are said to have fabricated about $310mn worth of sales transactions.
April 6, 2020 -
846ChinaGoldman, Morgan Stanley Approved to Control China Securities JVs
The two US banks have approval to raise their stakes in their securities joint ventures to 51%. On 1 April, foreign ownership caps for securities firms and fund managers will be scrapped entirely.
March 30, 2020 -
368Hong KongHKEX Abandons Pursuit of London Stock Exchange Merger
HKEX says the merger is still strategically compelling but it has not been able to engage with LSEG's management in realising its vision.
October 8, 2019 -
429Europe
HKEX Enlists Investment Banks to Help with LSEG Bid
HKEX has reportedly brought in UBS, Credit Suisse and HSBC to help it engage with LSEG shareholders and provide advice on its recently-rejected bid to takeover the London bourse.
September 24, 2019 -
451Australia & NZAPRA, RBNZ Approaches to Bank Capital Incompatible
Citi banking analyst Brendan Sproules says APRA and the RBNZ "are pursuing radically contrasting approaches to bank sector capital adequacy".
September 10, 2019 -
418China
Goldman Files Application to Control China Securities JV
Goldman is seeking to bring its China business in line with its operations in other parts of the world – as its local partner folds its operations into the joint venture.
August 22, 2019 -
540Capital RegulationUS Regulators Approve 82 Foreign Banks’ Resolution Plans
The Fed and FDIC have accepted the resolution plans of 82 foreign banks, and granted an extra year extension before the next resolution plans need to be submitted.
July 31, 2019 -
957EnforcementSFC Fines Credit Suisse $2.8m over Research Reports
Credit Suisse has been fined $2.8m for failing to disclose investment banking relationships and market making activities in research reports on Hong Kong-listed securities.
June 20, 2019 -
986ChinaUPDATED – 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 -
897EnforcementSwitzerland 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
