09/16/2014
On 27 July 2012 Ali Mustafa, Pardip Saini and Paresh Shah were sentenced to 3 years 6 months imprisonment, Neten Shah was sentenced to 18 months, and Bijal Shah and Truptesh Patel were sentenced to 2 years for offences relating to Insider Dealing contrary
09/12/2014
This marks the first time that Delta Lloyd Levensverzekering N.V., the life insurance arm of the Dutch insurance, pensions and investments firm Delta Lloyd, has used the reinsurance market to transfer longevity risk.
09/12/2014
That is according to the German private bank Berenberg, which estimates that there are still 63 potential fine situations outstanding from the various on-going investigations by regulators and authorities across the world.
09/11/2014
Credit Agricole’s fine could be similar to Commerzbank’s, according to the person. Anne-Sophie Gentil, a spokeswoman for Credit Agricole, declined to comment.
09/09/2014
The bank, Switzerland’s biggest, has been embroiled in tax evasion probes in Europe since it paid $780 million in 2009
09/09/2014
Deutsche Bank has been reluctant to give regulators the clearance that Foresti, an 18-year veteran of the firm, needs to start his new job, said the people, who requested anonymity because the process isn’t public.
09/09/2014
In its annual asset management survey, it said assets from the fund industry managed in Scotland now stand at £560bn, worth just over a tenth of the total AUM.