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News

24 Sep German authorities seek information from Deutsche Bank in relation to Danske Bank

Posted at 12:42h in News by KMFSLLP 0 Comments

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German authorities have been seeking information at Deutsche Bank's Frankfurt headquarters in relation to Danske Bank, Frankfurt prosecutors said on Wednesday.

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24 Sep Hong Kong’s New World Development donates farmland for social housing

Posted at 12:41h in News by KMFSLLP 0 Comments

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New World Development Co Ltd will donate 3 million square feet of its farmland reserves for social housing, it said on Wednesday, two weeks after Beijing singled out Hong Kong developers for not doing enough to alleviate housing problems.

24 Sep U.S. sanctions Chinese firms, individuals over Iran -Treasury website

Posted at 12:39h in News by KMFSLLP 0 Comments

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The United States on Wednesday announced fresh Iran-related sanctions on five Chinese individuals and six entities, including two Cosco Shipping corporation Ltd subsidiaries, the U.S. Department of Treasury said.

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24 Sep UPDATE 2-Former Danske Estonia boss found dead amid money laundering inquiry

Posted at 12:34h in News by KMFSLLP 0 Comments

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A former head of Danske Bank's Estonian branch, which is at the centre of global investigations into the world's largest money laundering scandal, has been found dead near his home in Estonia.

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24 Sep UPDATE 1-Depositors protest as curbs put on Indian co-operative bank

Posted at 12:30h in News by KMFSLLP 0 Comments

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The Reserve Bank of India's (RBI) move to take charge of one of the country's top five co-operative banks on Tuesday brought worried depositors out in protest and sparked renewed concerns about the health of India's troubled banking sector.

24 Sep UPDATE 2-Thomas Cook Germany in rescue talks with investors

Posted at 12:26h in News by KMFSLLP 0 Comments

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* Profitable German unit had been weighed down by British parent

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24 Sep Bankers say Britain risks being shut out of EU financial market

Posted at 12:16h in News by KMFSLLP 0 Comments

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Britain's future financial gateway into the European Union could be slammed shut if the country does not apply EU rules that would come into force after Brexit, bankers say.

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24 Sep Bain and new partner Advent prepared to make Osram bid

Posted at 12:15h in News by KMFSLLP 0 Comments

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Bain and its new partner Advent are prepared to make a bid for Osram, the German lighting group said on Wednesday, citing a letter from the two buyout groups as the takeover battle heats up.