With an initial capital injection of US$155.6 million, the new firm Standard Chartered Securities (China) Limited will cover underwriting, asset management and brokerage activities, following CSRC approval
The US derivatives market watchdog indicated that it has been working with other financial regulators and impacted parties to understand how the cyber incident occurred and to ensure that other CFTC-regulated derivatives markets are not compromised
Laksh Vaswani has been appointed senior vice president, global head of trust operations at Mitsubishi UFJ Trust and Banking Corporation to grow the firm's US custody business