A former HSBC employee who leaked documents alleging the bank helped wealthy customers dodge tax said he had tried to alert British authorities about evasion in 2008.
HSBC's 2012 criminal settlement with the US Justice Department does not protect the bank from fraud or tax evasion charges.
The man who stole the trove of secret files that sparked a global scandal over banking giant HSBC's alleged assistance to wealthy tax dodgers.
Kazakhstan’s banks assets grew by 17.9% in 2014, reaching $98 billion, according to the Central Bank.
Experts talk about the deficit of tenge experienced by commercial banks in Kazakhstan.
British bank Barclays has lost "tens of millions" of dollars after Switzerland's central bank scrapped its currency ceiling against the euro.
The 12th Sammit of the Islamic Financial Services Board (IFSB) will take place in Almaty from May 19 to 21.
US investment bank Morgan Stanley said it had fired an employee for stealing the personal data of hundreds of thousands of wealth management customers.
Several Kazakhstan’s banks have ceased issuing mortgage loans in tenge.
The Central Bank of Kazakhstan has issued a new 1000 tenge bill.
A Swiss unit of British bank HSBC has agreed to pay $12.5 million for flouting US rules requiring registration of cross-border brokerage services.
Minister of Economy and Financial Policy of the Eurasian Economic Commission (EEC) Timur Suleimenov spoke about the mutual Kazakh-Russian financial market and the possibility of increasing the number of Russian banks in Kazakhstan, as well as the prospects of Kazakh banks entering the Russian market.
Russia's central bank said it was ready to step in to protect the crashing ruble, after the currency was hammered by a day of panic selling.
A significant bulk of the NPLs were provided back in 2006-2008, a time of heavy borrowing and high appetite for risky investments.
A British banker appeared in a Hong Kong court charged with the grisly murder of two women whose bodies were found in his upmarket apartment.
The National Bank of Kazakhstan has responded to the criticism of several members of the Kazakh Parliament, who claimed the Single Pension Fund was practicing risky investments that put the pensioneers' savings in danger.
Kazakhstan MP of Ak Zhol faction voiced their serious concern over the investments the Single Pension Fund was practicing. In their opinion, these activities may lead to destabilization of the entire lending sector of Kazakhstan.
A French court authorised the extradition of exiled Kazakh oligarch Mukhtar Ablyazov to Russia and Ukraine, despite concerns over his safety.
India's central bank will keep interest rates on hold as it awaits more proof that stubborn high inflation is headed downward in Asia's third-largest economy.
Hungary's parliament adopted a law compelling banks to pay compensation to borrowers hit by past interest rate hikes on loans deemed unfair by authorities.
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