Friday, October 24, 2014   

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:
China and 20 other countries sign up to regional bank (1 hr 13 mins ago)
Britain says EU is asking for bigger contribution (1 hr 25 mins ago)
British economy grows slower in Q3 (2 hrs 14 mins ago)
Firm in China's first bond default to be restructured (2 hrs 14 mins ago)
Hang Seng closes lower (2 hrs 51 mins ago)
Pearson reports sliding sales (2 hrs 52 mins ago)
European stocks fall at open (10-24 16:05)
BASF says won't meet 2015 targets (10-24 16:04)
ECB to unveil results of eurozone bank health check (10-24 16:04)
German consumer confidence stops falling: survey (10-24 15:59)

More breaking news >>

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