All posts tagged "Goldman Sachs"
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600ChinaCredit Suisse Takes Control of China Securities JV
The CSRC granted Credit Suisse approval to raise its shareholding in the joint venture in April, from 33.3% to 51%.
June 2, 2020 -
761ChinaCSRC Urges US to Avoid Politicising Securities Regulation
The CSRC has responded to a US bill that could subject the 233 Chinese companies listed in the US to PCAOB oversight in their audits, or delisting for noncompliance.
May 26, 2020 -
768Securities & TradingUS SEC Green-lights Launch of New Stock Exchange, MEMX
Backed by some of Wall Street's largest financial institutions, MEMX says it will offer a less expensive exchange model; fewer, less complex order types; and a basic market data feed.
May 7, 2020 -
1.5KChinaFund Houses Plot China Growth Plans After Rules Relaxed
With full ownership now on the table and various alternatives also open, foreign fund groups in China are weighing how to expand into a fast-changing market with lots of potential.
April 22, 2020 -
590AML / KYCUS Returns $300m of Misappropriated 1MDB Funds to Malaysia
The funds includes proceeds from assets that Malaysia financier Jho Low allegedly bought with stolen 1MDB money before his $700mn forfeit last year.
April 16, 2020 -
655ChinaChina’s Top Two Brokerage Firms Explore Merger – Report
A merger between Citic Securities and CSC Financial would create a $67bn investment bank, surpassing the market cao of most other foreign competitors.
April 14, 2020 -
898ChinaCSRC Starts Accepting Licence Applications from US Fund Managers
BlackRock and Neuberger Berman applications to set up wholly-owned mutual fund units were accepted on the first day foreign ownership caps were scrapped in China.
April 2, 2020 -
759Capital RegulationECB Calls on Banks to Suspend Dividends, Buybacks for Six Months
Rabobank, ING, ABN Amro, UniCredit, Commerzbank, Banco Santander, KBC Bank, Allied Irish Bank and Bank of Ireland have suspended dividend and buyback plans until 1 October.
March 31, 2020 -
1.3KChinaGoldman, 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 -
1.1KAML / KYC
Liar’s Poker – The 1MDB Version
1MDB sorely tested principles-based regulation and compliance at Goldman Sachs. But, the bank was likely set up as a victim from the very beginning, says Peter Guy.
February 11, 2020
