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17 Dec EXPLAINER-Australia’s biggest banks reel from string of scandals

Posted at 06:08h in News by KMFSLLP 0 Comments

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Australia's banking industry is reeling from a series of regulatory scandals. Here is a broad summary of the issues:

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17 Dec UPDATE 3-Australia’s NAB has self-reported anti-money laundering shortcomings

Posted at 06:05h in News by KMFSLLP 0 Comments

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* NAB says has reported shortcomings to money laundering regulator

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17 Dec Swiss National Bank Chairman cannot rule out further interest rate cuts

Posted at 06:04h in News by KMFSLLP 0 Comments

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Swiss National Bank Chairman Thomas Jordan cannot rule out a further sinking of Swiss interest rates, he said in an interview on Wednesday, although such a step was not currently needed.

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17 Dec Sweeping overhaul to audit proposed by government review

Posted at 06:01h in News by KMFSLLP 0 Comments

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Recommendations include separating profession from accountancy and redefining its purpose

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17 Dec FedEx skids, Shell UK taxes, Brexit cliff

Posted at 05:01h in News by KMFSLLP 0 Comments

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FedEx shares slid on Tuesday after the transport group issued its second profit warning in three months

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17 Dec Britain backs Boris and so do the bankers

Posted at 05:00h in News by KMFSLLP 0 Comments

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Welcome to Due Diligence, the FT’s daily deals briefing

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16 Dec New Zealand seeks more powers to monitor banks, increase transparency at RBNZ

Posted at 22:03h in News by KMFSLLP 0 Comments

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The New Zealand government plans to expand its powers to monitor banks and hold directors and executives more accountable for their actions, the finance minister said in a statement on Wednesday.

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16 Dec UPDATE 1-U.S. banking regulators see shortcomings in ‘living wills’ for six banks

Posted at 21:43h in News by KMFSLLP 0 Comments

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Two U.S. banking regulators signed off on Tuesday on "living wills" submitted by eight large U.S. banks, although the regulators said six of those plans had shortcomings that must be addressed.

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16 Dec Pound slides as Johnson signals hard 2020 Brexit deadline

Posted at 21:41h in News by KMFSLLP 0 Comments

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Risks of ‘cliff-edge’ exit from EU heightened but S&P lifts UK outlook to ‘stable’

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16 Dec U.S. banking regulators sign off on ‘living wills’ for large U.S. banks

Posted at 21:30h in News by KMFSLLP 0 Comments

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Two U.S. banking regulators signed off on Tuesday on "living wills" submitted by eight large U.S. banks, although the regulators identify shortcomings in six of those plans that must be addressed.

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News

17 Dec EXPLAINER-Australia’s biggest banks reel from string of scandals

17 Dec UPDATE 3-Australia’s NAB has self-reported anti-money laundering shortcomings

17 Dec Swiss National Bank Chairman cannot rule out further interest rate cuts

17 Dec Sweeping overhaul to audit proposed by government review

17 Dec FedEx skids, Shell UK taxes, Brexit cliff

17 Dec Britain backs Boris and so do the bankers

16 Dec New Zealand seeks more powers to monitor banks, increase transparency at RBNZ

16 Dec UPDATE 1-U.S. banking regulators see shortcomings in ‘living wills’ for six banks

16 Dec Pound slides as Johnson signals hard 2020 Brexit deadline

16 Dec U.S. banking regulators sign off on ‘living wills’ for large U.S. banks

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