UK REGULATORS have ordered HSBC Holdings to review how it collects and monitors the vast reams of data that underpin the firm’s risk management systems within investment banking and trading.
THAILAND’S central bank is right in persisting with an inflation target range of 1 to 3 per cent, according to its rate panel, a stance likely to ratchet up the tension with a government keen on a higher band to create room for monetary easing.
THAILAND’S central bank is right in persisting with an inflation target range of 1 to 3 per cent, according to its rate panel, a stance likely to ratchet up the tension with a government keen on a higher band to create room for monetary easing.
CHINA Life Insurance, the nation’s largest life insurer by market share, said profit rose 11 per cent in the first half as an improving stock market boosted investment returns.
THE US market regulator charged and fined six major ratings agencies on Tuesday, including Moody’s, S&P and Fitch, over what it called “significant recordkeeping failures.”
THE US market regulator charged and fined six major ratings agencies on Tuesday (Sep 3), including Moody’s, S&P and Fitch, over what it called “significant record-keeping failures”.
MOODY’S Ratings upgraded its outlook on global reinsurers to positive from stable owing to reinsurers’ higher prices and more restrictive policies, along with healthy investment income, the ratings agency said in a statement on Tuesday (Sep 3).
