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Published 11 days ago

Massive fraud case exposes Vietnam's corrupt bank system

Summary by Asia Times

The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out risk, greed and corruption. But this approach hasn’t worked everywhere. On April 11, 2024, a […] The post Massive fraud case exposes Vietnam’s corrupt bank system appeared first on Asia Times.

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Massive fraud case exposes Vietnam's corrupt bank system

The financial crisis of 2008 showed just how much the world depends on banks being well run. Since then, regulators have been given new powers to keep some of the biggest institutions on a much shorter leash to stamp out risk, greed and corruption. But this approach hasn’t worked everywhere. On April 11, 2024, a […] The post Massive fraud case exposes Vietnam’s corrupt bank system appeared first on Asia Times.

11 days ago·Hong Kong

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