Wednesday 23 May 2018

Kuwait financier saga highlights weak Gulf rules

The apparent suicide of a Kuwaiti broker, sued for fraud by US regulators in a case linked to Kuwait's ruling family and its top investment firm, shines an unwelcome light on the weak regulatory environment in the Gulf Arab state. Kuwa


US sues Kuwaiti financier over takeover hoaxes

US securities regulators have sued a well-connected Kuwaiti financier whose investment firm is partly owned by Citigroup, saying he reaped millions in suspicious profits after "fraudulent" takeover reports sent shares of two US companies soaring.

 1 2 3 4 5 >  Last ›

calendarCalendar of Events