ABU DHABI/AD MEDIA OFFICE UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan has directed …
Read More »New York battles ‘regulator switch’ by Tokyo bank
Bloomberg New York isn’t going to let Bank of Tokyo-Mitsubishi UFJ Ltd. slip out of its regulatory oversight without fighting back. The state’s banking regulator, Maria Vullo, said in a legal filing that the Tokyo lender’s request last year to shift regulators — trading its state license for a federal one — was granted arbitrarily and unlawfully. Accusing the bank …
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