Asia
Macquarie Bank to pay $10m over unauthorised third party fee transactions
Macquarie enabled its customers to give financial advisers, stockbrokers and accountants different levels of authority to transact on their accounts
Malaysia financial regulator revokes financial planner’s licence for false statement
The financial planner was ‘no longer fit and proper’ to carry out regulated activities
Vietnam sentences property billionaire to death in huge financial fraud case
84 defendants in the case received sentences ranging from probation for three years to life imprisonment
Broadstone acquires Vestigo Partners to tap into worldwide credit risk, analytics expertise
Vestigo has valued over 150 portfolios across the UK, Europe, Asia and Africa
UBS to acquire Credit Suisse’s Japan wealth management business in JV deal
The transaction is expected to be completed by the end of June 2024