Swiss private banking group Julius Baer is in advanced talks with the US Department of Justice (DOJ) over a double-digit million US dollar settlement linked [...]…
AUSTRAC, Australia’s anti money-laundering and terrorism financing regulator, has issued a $1.24m infringement notice to State Street Bank and Trust Company for lapses in reporting international [...]…
Here is the definitive timeline exploring coronavirus (COVID-19) from its initial outbreak to today, taking a precise look on its effects on financial services. September [...]…
Swiss banking group Credit Suisse has reportedly won a bid to temporarily hold back the release of Finma’s fraud report about the bank’s ex-star banker Patrice [...]…
Credit Suisse spying scandal may involve more employees than previously alleged, Bloomberg reported citing newspaper Sonntagszeitung. Sonntagszeitung cited people familiar with the matter and a [...]…
Malaysian authorities have withdrawn criminal charges against three subsidiaries of Goldman Sachs for their role in the 1MDB Malaysian state fund scandal. The three subsidiaries [...]…
Swiss financial regulator FINMA has opened enforcement proceedings against Credit Suisse for a spying scandal that erupted last year. The regulator said it will pursue [...]…
BlackRock, a US-based asset management firm, has received the nod of the China Securities Regulatory Commission (CSRC) to establish a mutual fund arm in China. The [...]…
Belgian prosecutors have started a probe into whether Swiss banking group Credit Suisse facilitated tax dodging by more than 2,600 clients. The investigation involves Belgian [...]…
The China Banking and Insurance Regulatory Commission (CBIRC) has given the go-ahead to the wealth management joint venture (JV) between BlackRock, Temasek and China Construction Bank [...]…
Merchant invests in $3.1bn wealth advisory firm Corient September 22, 2020 Verdict Staff 
Singapore’s DBS Bank leverages AI to boost intelligent banking capabilities September 22, 2020 Verdict Staff 
Edmond de Rothschild Asset Management hires global head of distribution September 22, 2020 Patrick Brusnahan 
