CONTACT US

For any general inquiries, please fill in the following contact form:

SUBMIT

BANKING NEWS

Chinese banks stop taking North Korean money fearing US sanctions

Chinese banks stop taking North Korean money fearing US sanctions
By Ben ChapmanChinese banks have attracted the ire of Washington, which has accused them of helping the Pyongyang regime by laundering moneyChina’s banks are reportedly beginning to take heed of US sanctions on North Korea. Several workers at branches of ...

CBA reshapes board as money laundering scandal bites

CBA reshapes board as money laundering scandal bites
By: Jamie Smyth in SydneyAustralian lender adds veteran banker to address governance concernsCommonwealth Bank of Australia has revamped its board of directors in the wake of a money laundering scandal that has dented confidence in governance at Australia’s ...

RBS Settles Property Developer's $856 Million Libor-Rigging Suit

RBS Settles Property Developer's $856 Million Libor-Rigging Suit
By Gavin FinchRoyal Bank of Scotland Group Plc settled a lawsuit filed by the owner of a bankrupt student- housing company that claimed the bank had sold him hedging products linked to Libor while at the same time trying to rig the interest-rate ...

Millions of taxpayers sent warning about secret offshore accounts

Millions of taxpayers sent warning about secret offshore accounts
By: Vanessa HoulderFinancial advisers rush to get across HMRC ‘come to us before we come to you’ messageA crackdown on secret offshore accounts could lead to “life-changing consequences”, according to a warning being sent to millions of taxpayers. Advisers ...

Commonwealth Bank faces class action over money-laundering scandal

 Commonwealth Bank faces class action over money-laundering scandal
By Gareth HutchensLawyers announce potential lawsuit on behalf of shareholders hurt by the sharp fall in the bank’s sharesLawyers Maurice Blackburn and litigation funder IMF Bentham have announced a potential class action on behalf of Commonwealth Bank ...

Who's behind the blog

Who's behind the blog

SOCIAL MEDIA