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Singapore Banks Probe Rich Clients After Money-Laundering Case - Vimarsana News

Singapore Banks Probe Rich Clients After Money-Laundering Case

(Bloomberg) -- Citigroup Inc., DBS Group Holdings Ltd. and other banks caught up in Singapore’s biggest money-laundering scandal are ramping up scrutiny of their wealthy customers and potential clients to avoid exposure to illicit flows, according to people familiar with the matter.Most Read from BloombergRussia Is Sending Young Africans to Die in Its War Against UkraineMacron and Scholz Get Trounced by Far Right in EU ElectionsPutin Is Running Out of Time to Achieve Breakthrough in UkraineSchol

Source: yahoo.com
Singapore banks' red flags? No English, from Guangdong or Fujian with Hong Kong links - Vimarsana News

Singapore banks' red flags? No English, from Guangdong or Fujian with Hong Kong links

Training to spot financial criminals comes as Citi, DBS, others ramp up vetting after a US$2 billion dirty cash scandal rocked city state.

Source: scmp.com
Airbus may sell around 100 widebody jets to China - Vimarsana News

Airbus may sell around 100 widebody jets to China

Airbus SE is negotiating a major sale of A330neo aircraft to China, with talks gaining momentum since President Xi Jinping visited his French counterpart Emmanuel Macron last month, Bloomberg...

Thursday preview: US Q1 GDP, Auto Trader in the spotlight - Vimarsana News

Thursday preview: US Q1 GDP, Auto Trader in the spotlight

The market spotlight on Thursday will continue to be on the US, where another flurry of economic indicators and speeches from central bank officials are scheduled.

China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience - Vimarsana News

China Creates $47.5 Billion Chip Fund to Fuel Self-Resilience

(Bloomberg) -- China has set up the country’s largest-ever semiconductor investment fund to propel development of the domestic chip industry, the latest effort from Beijing to achieve self-sufficiency as the US seeks to restrict its growth.Most Read from BloombergSevere Turbulence Leaves 12 Injured on Qatar Airways FlightFed’s Favorite Underlying Inflation Gauge Is Seen CoolingIndia’s Markets Brace for Selloff as Modi’s Poll Goals in DoubtChina’s Housing Rescue Has a Poor Track Record in Pilot C

Source: yahoo.com