FSA censures BDO arm over Shore
Wed, 1 Jun 2011 18:15:38 +0100
Firm's corporate finance alarm failed to alert regulators that a 2009 deal involving Shore Capital was likely to constitute a reverse takeover
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FSA tests trade-off between discipline and deterrence
FSA tests trade-off between discipline and deterrence
Wed, 1 Jun 2011 15:40:30 +0100
Watchdog is disciplining banks and financial services firms with a convert's zeal. But there is a risk that disciplinary actions could become just another cost of doing business
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European banks to resubmit stress test data
European banks to resubmit stress test data
Thu, 2 Jun 2011 06:19:46 +0100
The banks are forced to resubmit their information for the latest round of 'stress tests' amid concerns that some countries and institutions made mistakes or used overly rosy assumptions
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Citigroup aims for slice of Chinese IPO market
Citigroup aims for slice of Chinese IPO market
Thu, 2 Jun 2011 03:45:03 +0100
Citigroup signed an agreement to form a joint venture in China with brokerage Orient Securities that will strengthen the US bank's profile in the country's lucrative capital markets.
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