
(Repeats story with no changes) * Beijing targets "aggressive" trading to stem capital flows * Also wants to narrow onshore-offshore yuan gap * China-based banker says "easy-money" arbitrage days now gone By Engen Tham and Denny Thomas SHANGHAI/HONG KONG, Dec 31 (Reu
** German authorities have opened an investigation into whether HSBC's Swiss unit helped clients evade tax, Swiss weekly SonntagsZeitung reported on Sunday ** Authorities in the German state of North Rhine-Westphalia contacted at least eight HSBC employees in Zurich in recent weeks, the new
(Adds quote, writes through) LONDON, Dec 31 (Reuters) - A public review of Britain's banking culture has been scrapped just months after it was announced, with the UK regulator saying on Thursday it had opted instead to work with lenders individually to address any concerns. The move
LONDON, Dec 31 (Reuters) - A public review of Britain's banking culture has been scrapped just months after it was announced, with the UK regulator saying on Thursday it had opted instead to work with lenders individually to address any concerns. The move will likely add to the public perce
* Beijing targets "aggressive" trading to stem capital flows * Also wants to narrow onshore-offshore yuan gap * China-based banker says "easy-money" arbitrage days now gone By Engen Tham and Denny Thomas SHANGHAI/HONG KONG, Dec 31 (Reuters) - Chinese authorities are starti
(ShareCast News) - UK stocks slumped on Wednesday as shares in mining and oil producers declined. Oil prices reversed the previous day's gains on concerns about a supply glut after a report showed an unexpected rise in US crude inventories. The Energy Information Administration said US crude invent
(ShareCast News) - London's FTSE 100 was down 0.6% to 6,274.20 at 1425 GMT, giving back some gains following a solid performance in the previous session, in holiday-thinned trade. With volumes low and many traders still away from their desks for the Christmas and New Year holidays, there was no real
* Forex ops halted for at least three foreign banks -sources * No reason given for suspension in central bank notices * Move comes amid growing spread between onshore, offshore yuan * Sources say authorities have warned of further action (Adds sources naming Deutsche as one of
* Forex ops halted for at least three foreign banks -sources * No reason given for suspension in central bank notices * Move comes amid growing spread between onshore, offshore yuan * Sources say authorities have warned of further action (Adds context, comment from banks) <