Swiss prosecutors say investigating UBS-Credit Suisse merger

Swiss prosecutors are investigating the UBS takeover of Credit Suisse, following pressure from authorities and media leaks. The probe aims to identify any criminal offences and ensure Switzerland’s financial centre remains “clean.” The merger was arranged by the government to prevent a global financial meltdown after Credit Suisse’s share price collapsed due to a series of scandals. The rescue merger is not only “the biggest transaction” since the 2008 financial crisis but also “the first time” two systemically important banks at the global level will merge.

Disciplinary tribunal hearing against prosecutors in Parti Liyani trial slated to take place between 6 Sep to 13 Sep

The disciplinary tribunal proceedings against Deputy Public Prosecutors (DPPs) Tan Wee Hao…

Lawyers For Liberty: Contempt of court threat a “disproportionate response” to Malaysian news portal’s article on Changi Prison death row inmates’ landmark lawsuit

KUALA LUMPUR, MALAYSIA — Threatening a Malaysian news portal with contempt of…

Missing elderly man found deceased at SingPost Centre; family looking for answers

After being missing for five days, the police finally found 78-year-old Mr…

Malaysia: Authorities take no further action on political satirist Fahmi Reza’s ‘Dengki Ke’ sedition case

KUALA LUMPUR, MALAYSIA — Authorities on Tuesday (24 Aug) dropped a sedition…