The SBV expected the amendment of the Law on Credit Institutions will prevent cross-ownership and governance abuse of major shareholders to manipulate the operations of credit institutions.
The government is to tighten supervision over capital build-up among public companies and to enhance the stock market's stability and safety, said minister of finance Hồ Đức Phớc.
The Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) found a place among the 1,000 largest companies in Forbes’ recent “The World’s Largest Public Companies 2020” report, released in its Global 2000 annual rankings.
The Joint Committee of the European Supervisory Authorities (ESAs) – EBA, EIOPA and ESMA – published today the 2017 list of identified financial conglomerates. The 2017 list includes 80 financial conglomerates with the head of group located in the European Union or European Economic Area, one financial conglomerate with the...