State Street will no longer be able to buy shares in companies sanctioned by the US, including China Mobile and China Unicom.
January 13, 2021The move is said to be a direct result of a prohibition on US persons from purchasing shares in companies identified to be linked to the Chinese military.
January 11, 2021The business licence makes Daiwa Securities (China) Co Ltd the fourth foreign-owned joint venture securities firm in Beijing.
January 3, 2021APAC has overtaken the US in terms of the value of enforcement actions for the first time since 2015, largely due to the Goldman and Westpac cases.
December 11, 2020Goldman already owns 51 percent of its China securities joint venture and has signed an agreement to acquire the remaining 49 percent.
December 9, 2020JP Morgan and China Construction Bank were raised to a higher bucket; Goldman Sachs and Wells Fargo were moved to a lower bucket.
November 12, 2020The new platform, CONNEQTOR, will be ready for production use next month, allowing institutional investors to send RFQs to market makers.
November 2, 2020Under the coordinated resolution, Goldman will pay $606mn in disgorgement and more than $2.3bn in penalties to authorities in the US, UK, Hong Kong and Singapore.
October 23, 2020Goldman Sachs Group has reportedly reached a more than $2bn settlement with the US DOJ over its role in Malaysia’s 1MDB scandal.
October 21, 2020The SGFC is Singapore's first research institute dedicated to green finance research and talent development and is support by MAS and nine partner financial institutions.
October 14, 2020