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LONDON: Banks globally have paid US$321bil in fines since 2008 for an abundance of regulatory failings from money laundering to market manipulation and terrorist financing, according to data from Boston Consulting Group.
BANKS globally have paid US$321bil in fines since 2008 for an abundance of regulatory failings from money laundering to market manipulation and terrorist financing, according to data from Boston Consulting Group.
KUALA LUMPUR: Standard & Poor's Global Ratings has warned that the unabated growth of China's corporate debt could cost the country's banks dearly as the expansion is not sustainable for long.
WASHINGTON: Complaints about airline service to the Department of Transportation rose 28 percent last year, according to an annual study of airline quality. How the 16 largest U.S. airlines stacked up, based on the number of complaints per 100,000 passengers:
KUALA LUMPUR: Malaysia scored the highest for deployment and usage of information and communication technology (ICT) among 25 resource and efficiency-driven countries in the Nokia Siemens Network's Connectivity Scorecard 2010.
PETALING JAYA: KPMG's pioneer annual study this year on non-executive directors' (NEDs) profile, practice and pay revealed that they were remunerated on average RM89,000 a year and that half of the NEDs' package comprised fees with allowances, other emoluments and benefits-in-kind making up the balance.
Malaysia moved to the 8th position this year from 16th last year in terms of domestic economic performance, said a survey.
A STUDY by PricewaterhouseCoopers and I>CIO /I>magazine reveals that best practice companies in Malaysia have started to take a more strategic look at information security.
The pay packages of chief executive officers swelled across a wide array of US industries in 2003 despite shrinking salaries for many workers, a report showed this week.