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Singapore's SMRT Decides Against Carlyle's Addison Lee Auction
Addison Lee handles 10 million passenger journeys a year.
M Rochan Oct 13, 2014
Banks Agree to Overhaul Rules Governing $700tn Derivatives Market
18 major banks have agreed to give up right to 'close out' deals on derivatives contracts if financial institutions run into trouble.
Jerin Mathew Oct 08, 2014
European and American Banks Consider One-Stop Bond Shop
HSBC, BNP, Credit Suisse, Goldman and JPMorgan to pay for the initial phase of consultancy work.
M Rochan Oct 06, 2014
Pimco May Suffer Outflows of Over $200bn
Credit Suisse cuts rating on Pimco parent Allianz SE to neutral from outperform.
M Rochan Sep 29, 2014
India's Supreme Court Scraps Most Coal Mine Permits Awarded Since 1993
India's Supreme Court cancels 214 of 218 coal mine permits given to firms since 1993.
M Rochan Sep 24, 2014
US Fed Warns Credit Suisse Over Risky Buyout Loans
Bank recently received letter from Federal Reserve, known as 'Matters Requiring Immediate Attention'.
Jerin Mathew Sep 17, 2014
Credit Suisse Investigating Alleged Misconduct by Employees at London Desk
Wall Street Journal earlier reported that bank suspended a senior employee for improper sharing of client information via chat room.
Jerin Mathew Sep 03, 2014
India: Cancellation of Coal Mining Licences to Inflate Import Bill by $3bn
India's Supreme Court has held as illegal coal mining licences awarded to various firms between 1993 and 2009.
M Rochan Aug 26, 2014
Alibaba Group Could Price US IPO at 22% Discount
China's e-commerce giant defers NYSE listing until after September Labour Day holiday.
M Rochan Jul 18, 2014
UBS Retains Private Banking Crown as Assets Near $2tn
UBS overtook Bank of America to top ranking of world's leading wealth managers in 2013.
M Rochan Jul 17, 2014
US Court Fines British Banker David Higgs for Hiding $100m in Subprime Liabilities
Higgs, a former London-based Credit Suisse trader, has been spared prison.
M Rochan Jun 25, 2014
Deutsche Bank Under Asia Hiring Probe
In the past, US authorities have targeted Morgan Stanley and JPMorgan in recruitment probes.
M Rochan Jun 06, 2014
India Reforms Drive: PM-Elect Narendra Modi Mulls Breakup of Behemoth Coal India
Barclays estimates Indian mining sector needs $20bn in investment.
M Rochan May 21, 2014
Credit Suisse Slapped With Huge Fine Over Tax Evasion
The Swiss giant has agreed to pay a $2.6bn as it becomes the first bank to plead guilty to criminal charges in the US for decades.
Finbarr Bermingham May 20, 2014
Could Credit Suisse Alleged Tax Evasion Crimes Match James Bond Bankers of UBS?
Credit Suisse facing much harsher reprisals than UBS in 2009 if tax investigators find against it
Ian Allison May 14, 2014
Wall Street IPO Underwriting Frenzy Spawned by 80's Goldman Sachs Move
Equity underwriting, among Wall Street's most profitable activities, commands 40% pretax profit margin.
M Rochan May 09, 2014
BNP Paribas and Credit Suisse May Face Criminal Charges on Tax and Sanctions
BNP Paribas and Credit Suisse may face criminal charges rather than being allowed to buy their way out of trouble.
Sean Martin May 01, 2014
FCA Fines on Senior Bankers Drop 40% in Four Years
Financial Conduct Authority issued 18 fines to finance workers in 2013, from 30 in 2010.
M Rochan Apr 21, 2014
Lawsky Holds Credit Suisse in Crosshairs Over US Client Tax Probe
Cash penalty can trump $780m deal between Swiss bank UBS and US authorities.
M Rochan Apr 07, 2014
Blackstone to Acquire US Conglomerate Gates for $5.4bn
Private equity firm Onex and Canada Pension Plan Investment Board to exit their investment in Gates.
M Rochan Apr 05, 2014
FX Fixing Scandal: Swiss Regulator Weko Opens Fresh Probe
RBS, Barclays, UBS, JPMorgan, Citigroup, Credit Suisse, Julius Baer and Zurich Cantonal Bank being probed.
Shane Croucher Mar 31, 2014
Swiss Immigration Controls Threaten Economic Growth
Swiss National Bank estimated immigration drove national output almost 5% above pre-crisis levels.
M Rochan Feb 19, 2014
European Banks Have Loaned Over $3tn to Emerging Markets
British banks had $518bn exposure to Asia-Pacific region in September 2013.
M Rochan Feb 04, 2014
Credit Suisse Sued by Chinese Entrepreneur For Unauthorised Security Trades
China Green Agriculture chairman Li Tao said Credit Suisse failed to explain risks on some trades.
Jerin Mathew Jan 23, 2014
Man Group Denies It Misled Richard Desmond Over 'Incomprehensible' Derivatives Deal
Richard Desmond suing Man Group subsidiary GLG Partners for about £20m.
M Rochan Jan 08, 2014
More Swiss Banks Fall in With DoJ Scheme to Expose US Tax Evaders
More Swiss banks are agreeing to cooperative with US authorities in the face of prosecution for hiding taxable assets from the IRS.
Jerin Mathew Dec 16, 2013
UK Bank Computers Become Part of Malicious Conficker Botnet
Computers in some of the UK's biggest banks have been infected and become part of giant networks of infected computers.
Mary-Ann Russon Nov 21, 2013
Barclays' Compliance Boss Hector Sants Resigns Because of 'Stress'
Former financial regulator leaves Barclays because of 'stress and exhaustion'.
Michael Klimes Nov 13, 2013
London Banks Bracing For Cyber War Game Waking Shark II
BoE, Treasury and Financial Conduct Authority to monitor exercise led by Credit Suisse.
Vasudevan Sridharan Nov 12, 2013
Former Credit Suisse Chairman Walter Kielholz: 'Dougan's £62m Pay-out Was a Mistake'
Kielholz says the remuneration programme would be structured differently today.
Ian Silvera Oct 29, 2013
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