Tuesday 01, June 2010 by

SFC fines Merrill Lynch $3.5 million for systems and controls failings

The Securities and Futures Commission (SFC) in Hong Kong has fined Merrill Lynch (Asia Pacific) and Merrill Lynch Futures (Hong Kong) $3,500,000 for systems and controls failings associated with the mis-marking activities in a trading book.

Features & Analyses

Commercial Banking Banking—creatively disrupted

Sanjeev Kumar, Group CEO, M Holdings Limited, discusses how Bank M became a top bank in Tanzania and why it is now taking its offering… read more