Investor advocate isn’t perfect, but it’s worth fighting for
Dissatisfied with the Ombudsman for Banking Services and Investments, the big financial institutions are seeking new options that suit them better
Read more on The Globe and Mail

Pacific Alliance – Tender Offer
Pacific Alliance – Tender Offer
Read more on AFX CNF Finance Regulatory News via Yahoo! UK & Ireland Finance

Global Solar Major T-Solar and India’s Astonfield Renewables Form Strategic Partnership to Develop and Commission …
NEW YORK, NY–(Marketwire – 06/01/11) – Astonfield Renewable Resources (Astonfield) is pleased to announce that it has entered into a strategic partnership with Grupo T-Solar Global S.A. (T-Solar), a Spanish-based solar power producer with installed generation capacity of 168 megawatts [...]

Korea Penalizes HSBC, Credit Agricole on Trade Outsourcing
HSBC Holdings Plc and Credit Agricole SA were penalized by South Korean regulators for improperly outsourcing domestic branches’ derivatives trading to their Hong Kong branches.
Read more on BusinessWeek

HSBC eyes Islamic services in Australia: report
SYDNEY, May 30, 2011 (AFP) – – Banking giant HSBC said Monday it was thinking of introducing Islamic financial services in Australia where the government is keen to use such offerings to grow as a regional finance hub.
Read more on AFP via Yahoo!Xtra News

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HSBC directors attacked in shareholder rebellion
HSBC was hit by a rebellion over pay at yesterday’s annual general meeting as its new chairman admitted the bank’s performance was inadequate and apologised for last year’s boardroom bust-up.
Read more on Independent

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Biti accuses banks of ’stealing’
FINANCE Minister Tendai Biti on Monday accused bankers of “stealing depositors’ money” and subsequently blaming the government and the Reserve Bank of Zimbabwe (RBZ) for implementing policies they allege were not conducive for the banking sector to operate viably.
Read more on New Zimbabwe

Olive: Carney won’t lead IMF — this time
Canada’s Mark Carney in league of global central banking “superstars.”
Read more on Toronto Star