Financial Services Authority

28 Mar 2013

Banks need to set aside more money to cover bigger potential losses on commercial real estate and from the euro area, possible fines for mis-selling and stricter risk models, the Bank of England...

5:52AM

UK banks face big bills for mis-selling derivatives to small businesses

1 Feb 2013

The Financial Services Authority said it found serious failings in reviews of products sold by HSBC, Barclays, Royal Bank of Scotland and Lloyds Banking. The FSA looked at 173 sales to "non-...

5:23AM

Bank regulators must beware lure of protectionism

31 Dec 2012

When Mark Carney replaces Mervyn King as governor of the Bank of England in July, the world will be deprived of King's witty public utterances.

3:23AM

Briefs, December 8, 2012

8 Dec 2012

Glencore gets China's nod for Viterra deal

3:46AM

HKEx drives on with new offering to fund LME takeover

30 Nov 2012

Hong Kong Exchanges and Clearing is making its first share offering since it was listed, aiming to raise US$800 million following the British regulator's approval yesterday for HKEx's takeover of...

3:31AM

Britain's Financial Services Authority fines UBS £30m over rogue trader Adoboli

27 Nov 2012

UBS was fined £29.7 million (HK$368.87 million) by the British authorities and told by the Swiss regulator that it might have to increase capital levels for operational risks as regulators levied...

4:15AM

Opinion

Hari Kumar

Workers pay the price for our bargains

5:20AM

Howard Winn

Barry Cheung makes waves in Moscow

3:47AM

Insider trader women appear in court in Mizuho love rat case

Single mother Christina Weckwerth and chiropractor Jessica Mang didn't know each other even existed, yet they shared two things in common, British prosecutors say.

3:37AM

Overhaul outlined for tarnished Libor

Oversight of the London interbank offered rate will be handed to Britain's financial regulator under proposals designed to revive confidence in a benchmark tarnished by scandal.

2:32AM

Bankers signal end to setting Libor

The British Bankers' Association (BBA) has signalled willingness to give up oversight of the London interbank offered rate following claims that traders manipulated the benchmark rate.

3:25AM

Lai See

HSBC hit with record fine for misguiding the elderly. Surprised?

2:47AM

Damage control not enough, we must rebuild HK's image

So David Li Kwok-po has finally resigned from the Executive Council. The government may very well want this to be the end of the fiasco. Yet, it is not.

8:16PM

SFC says overhaul plan will hurt image

The Securities and Futures Commission (SFC) has expressed concern over the government's plan to turn the position of chairman into a part-time job, saying such a move would send the wrong message...

3:54AM