Rival UBS has agreed to buy the embattled investment bank for more than $3bn.
Category: Regulation
China pauses GDR approvals
The CSRC is doing so because of concerns about arbitrage investors.
AllianceBernstein joins China retail mutual fund playing field
The American asset manager has received approval to set up a fund management company.
ISSB standards to be rolled out January 2024
Final standards have been set and will be revealed to market within months.
SFC eyes tougher regulations for virtual asset trading platforms
In a bid to make sure investors are ‘adequately protected and key risks are effectively managed’.
Schroders gets nod to open wholly owned FMC
It is only the second asset manager to have both a wholly owned fund management company and a majority-controlled wealth management joint venture.
China and Hong Kong to expand Stock Connect
The adjustments will be implemented in about three months time.
Nasdaq halts China listings
US bourse operator looks into recent market swings for newly-listed Chinese companies.
China to loosen short-term trading rules for foreign mutual funds
Foreign funds will now be on a par with domestic funds.
Former Singapore private bank deputy CEO banned for 10 years
Regulator said he failed to file suspicious transaction reports related to 1MDB.