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Thursday, 27 April 2017

Regulation

StanChart financial markets revenues dip 10%, hurt by FX

26 April 2017

Standard Chartered’s financial markets revenues fell 10% last quarter from a year earlier as it suffered a sharp drop in FX income, lagging other investment banks and taking the shine off a rise in profits due to lower loan losses.

UBS must face ex-bond strategist's whistleblower lawsuit

26 April 2017

A US judge has ordered UBS to face a lawsuit by a former bond strategist who said he was fired in retaliation for refusing to publish misleading research reports and complaining about being pressured to do so.

Huishan

Regulator queries banks over US$200m Huishan loan - sources

25 April 2017

Hong Kong’s banking watchdog is questioning lenders over a US$200m loan raised by China Huishan Dairy Holdings, sources involved in the matter told Reuters, as regulators try to unpick the group’s tangled finances.

MOVES-Ex-Santander UK CFO Jones to head UK Finance

24 April 2017

Former Santander UK finance director Stephen Jones has been named as the first chief executive of UK Finance, the trade association for banks and finance firms in Britain that will launch in the coming months.

Senator Pat Toomey

Ruling could undo US lending curbs

IFR 2180 22 April to 28 April 2017

The investigative arm of Congress has been asked to review guidelines on US lending released in 2013 that critics say have put a crimp in bank loans to businesses.