Wednesday, December 2, 2015   

UBS 'suspend HK bankers amid probe'
(02-10 18:27)

Swiss bank, UBS, is said to have suspended two Hong Kong-based bankers amid an internal investigation into the bank's hiring practices.
This follows reports that US authorities have launched a bribery investigation related to the employment of the children of powerful mainland figures to clinch big deals.
Reuters news agency said the head of capital market solutions for Asia, Joseph Chee, and his subordinate, Sharlyn Wu, were placed on leave last week. --RTHK   
Other Business breaking news:
Eurozone jobless ranks shrink to new low (12-01 19:16)
Bailout fund plugs 2.7b euro shortfall at Greek bank (12-01 18:37)
Chinese consortium plows US$400m into Man City (12-01 18:32)
Hang Seng, Shanghai stocks close higher (12-01 17:23)
Financial markets await Draghi’s holiday season surprise (12-01 17:19)
Coca-Cola funded controversial anti-obesity group winds up (12-01 14:14)
Amazon says drones will deliver 5 pound packages (12-01 14:10)
Australia keeps rates at 2pc (12-01 14:07)
Samsung shoves aside mobile unit boss Shin Jong Kyun (12-01 14:04)
China factory output hits new low, services improve (12-01 14:00)

More breaking news >>

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