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China boosts business funding reform
(19 August 2019 – China) The People’s Bank of China (PBoC) has announced a highly anticipated reform to its interest rate setting mechanism in a shift designed to […]
(19 August 2019 – China) The People’s Bank of China (PBoC) has announced a highly anticipated reform to its interest rate setting mechanism in a shift designed to […]
(27 May 2019 – Australia) Major investment banks including Barclays, Citi, JPMorgan, NatWest and UBS have been accused in an Australian class action suit of conducting an illegal […]
(4 June 2018 – Australia) The Commonwealth Director of Public Prosecutions (CDPP) is expected to formally file criminal cartel charges this week against ANZ Bank, Citigroup and Deutsche […]
(28 February 2018 – Global) Court papers show Deutsche Bank AG has agreed to pay US$240m to end its Libor rigging lawsuit in the US. The bank has […]
Two managers at French bank Societe Generale have been charged by US authorities with taking part in a scheme to manipulate the global US dollar Libor benchmark interest […]
(7 December 2015 – Australia) Commonwealth Bank of Australia (CBA) placed 182 business loan customers into receivership during the first two years after it acquired Bankwest, a parliamentary […]
(21 April 2015 – China) The People’s Bank of China (PBoC) reduced the main reserve-requirement ratio by 1 percentage point, effective 20 April, 2015. The ratio reduction brings […]
(17 May 2013 – Singapore) A new law in Singapore due to take effect in July will impose hefty penalties on banks that facilitate tax evasion. From July […]
(25 April 2013 – China) The China Banking Regulatory Commission (CBRC) has ordered banks to provide more detail on interbank deals. From 5 May, the CBRC is set […]
(24 April 2013 – China) Sources have revealed the People's Bank of China (PBoC), China’s central bank, issued the new anti-money laundering rules to banks and financial institutions […]