Banking Tycoon
- All
- News
-
How Vietnamese Business Tycoon Masterminded World's Biggest Bank Fraud
Truong My Lan, a 68-year-old real estate tycoon, was convicted in April 2024 for using hundreds of ghost companies to control Saigon Commercial Bank and embezzle billions.
-
Vietnam Jails Luxury Property Tycoon For 8 Years Over $335 Million Bond Scam
A top Vietnamese luxury property tycoon was sentenced to eight years in prison, state media said Wednesday, after he was accused of cheating thousands of investors in a $355 million bond scam.
-
Missing Banking Tycoon Bao Fan Resurfaces, Resigns From All Roles At China Renaissance
After an absence of nearly a year, Bao Fan, the Chinese billionaire banker, has stepped down from all positions within his company, China Renaissance Holdings.
-
Vietnam Property Tycoon Faces Trial Over $12.5 Billion Fraud
The chairwoman of major property developer Van Thinh Phat will go on trial in Vietnam, accused with accomplices of embezzling $12.5 billion from a bank "for personal purposes", the official government website said.
-
Russian Tycoon Oleg Tinkov Claims He Was Forced To Sell Bank Stake After Denouncing "Crazy War" In Ukraine
Russian banking tycoon Oleg Tinkov has said that he was forced to go into hiding and sell his stake in the bank he founded after openly criticising the war in Ukraine.
-
Court Allows Banks To Sell Vijay Mallya's Properties To Recover Debts
A Prevention of Money Laundering Act (PMLA) court has allowed banks to sell certain real estate assets and securities and of fugitive business tycoon Vijay Mallya to recover their debts.
-
Indian Banks Back In UK Court To Pursue Vijay Mallya Bankruptcy Order
A consortium of Indian banks led by the State Bank of India (SBI) was back for a High Court hearing in London on Friday in pursuit of a bankruptcy order against embattled liquor tycoon Vijay Mallya, as they attempt recovery of debt from loans paid ou
-
As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away
British industrialist Sanjeev Gupta's companies seemed to be prospering until his main lender Greensill Capital imploded last month. But before it collapsed, several banks cut off the commodity trading business of Mr Gupta's Liberty House Group.
-
Vijay Mallya Denied Permission To Appeal In UK Bankruptcy Case
Liquor tycoon Vijay Mallya was on Wednesday denied permission to appeal against a UK High Court order refusing to dismiss bankruptcy proceedings brought by a consortium of Indian banks led by the State Bank of India (SBI), in their pursuit of debt related to his now-defunct Kingfisher Airlines.
-
UK Court Denies Release Of Massive Funds For Vijay Mallya's Legal Fees
A UK court hearing an urgent application on Monday refused to sanction the release of substantial sums held with the Court Funds Office (CFO) as part of bankruptcy proceedings being pursued against liquor tycoon Vijay Mallya by a consortium of Indian banks, led by the State Bank of India (SBI).
-
SBI-Led Bank Consortium Pursue UK Bankruptcy Order Against Vijay Mallya
A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines.
-
Vijay Mallya Seeks Access To Funds From France Property Sale Held By UK Court
Liquor tycoon Vijay Mallya on Friday made an urgent application before the UK High Court, seeking access to millions of pounds to cover his living expenses and legal fees from funds held with the Court Funds Office as part of bankruptcy proceedings, initiated by a consortium of Indian banks led by the State Bank of India.
-
Indian Tycoon BR Shetty Demands CBI Probe In $6 Billion Scandal: Report
Businessman BR Shetty has filed a complaint with investigative agencies seeking a probe into two former top executives of his companies and two banks related to a multi-billion dollar financial scandal engulfing his group.
-
Indian Banks Pursue Vijay Mallya's Bankruptcy Order In UK Court: Report
A consortium of Indian banks led by the State Bank of India (SBI) are pursuing their bankruptcy order against liquor tycoon Vijay Mallya in the High Court in England, as they seek to establish that any settlement offer made by him is now "dead in the water".
-
"People Who Are Mighty Pleased Are...": P Chidambaram On 'RBI List'
Congress's P Chidambaram has urged the RBI to direct banks to continue to show unrecovered loans from fugitive business tycoons like Vijay Mallya, Mehul Choksi and Nirav Modi on their books rather than writing them off as NPAs
-
How Vietnamese Business Tycoon Masterminded World's Biggest Bank Fraud
Truong My Lan, a 68-year-old real estate tycoon, was convicted in April 2024 for using hundreds of ghost companies to control Saigon Commercial Bank and embezzle billions.
-
Vietnam Jails Luxury Property Tycoon For 8 Years Over $335 Million Bond Scam
A top Vietnamese luxury property tycoon was sentenced to eight years in prison, state media said Wednesday, after he was accused of cheating thousands of investors in a $355 million bond scam.
-
Missing Banking Tycoon Bao Fan Resurfaces, Resigns From All Roles At China Renaissance
After an absence of nearly a year, Bao Fan, the Chinese billionaire banker, has stepped down from all positions within his company, China Renaissance Holdings.
-
Vietnam Property Tycoon Faces Trial Over $12.5 Billion Fraud
The chairwoman of major property developer Van Thinh Phat will go on trial in Vietnam, accused with accomplices of embezzling $12.5 billion from a bank "for personal purposes", the official government website said.
-
Russian Tycoon Oleg Tinkov Claims He Was Forced To Sell Bank Stake After Denouncing "Crazy War" In Ukraine
Russian banking tycoon Oleg Tinkov has said that he was forced to go into hiding and sell his stake in the bank he founded after openly criticising the war in Ukraine.
-
Court Allows Banks To Sell Vijay Mallya's Properties To Recover Debts
A Prevention of Money Laundering Act (PMLA) court has allowed banks to sell certain real estate assets and securities and of fugitive business tycoon Vijay Mallya to recover their debts.
-
Indian Banks Back In UK Court To Pursue Vijay Mallya Bankruptcy Order
A consortium of Indian banks led by the State Bank of India (SBI) was back for a High Court hearing in London on Friday in pursuit of a bankruptcy order against embattled liquor tycoon Vijay Mallya, as they attempt recovery of debt from loans paid ou
-
As Sanjeev Gupta Rose From Trader to Tycoon, Several Banks Backed Away
British industrialist Sanjeev Gupta's companies seemed to be prospering until his main lender Greensill Capital imploded last month. But before it collapsed, several banks cut off the commodity trading business of Mr Gupta's Liberty House Group.
-
Vijay Mallya Denied Permission To Appeal In UK Bankruptcy Case
Liquor tycoon Vijay Mallya was on Wednesday denied permission to appeal against a UK High Court order refusing to dismiss bankruptcy proceedings brought by a consortium of Indian banks led by the State Bank of India (SBI), in their pursuit of debt related to his now-defunct Kingfisher Airlines.
-
UK Court Denies Release Of Massive Funds For Vijay Mallya's Legal Fees
A UK court hearing an urgent application on Monday refused to sanction the release of substantial sums held with the Court Funds Office (CFO) as part of bankruptcy proceedings being pursued against liquor tycoon Vijay Mallya by a consortium of Indian banks, led by the State Bank of India (SBI).
-
SBI-Led Bank Consortium Pursue UK Bankruptcy Order Against Vijay Mallya
A consortium of Indian banks led by the State Bank of India (SBI) returned to the High Court in London for a bankruptcy application hearing against liquor tycoon Vijay Mallya, as they pursue the recovery of debt from loans paid out to his now-defunct Kingfisher Airlines.
-
Vijay Mallya Seeks Access To Funds From France Property Sale Held By UK Court
Liquor tycoon Vijay Mallya on Friday made an urgent application before the UK High Court, seeking access to millions of pounds to cover his living expenses and legal fees from funds held with the Court Funds Office as part of bankruptcy proceedings, initiated by a consortium of Indian banks led by the State Bank of India.
-
Indian Tycoon BR Shetty Demands CBI Probe In $6 Billion Scandal: Report
Businessman BR Shetty has filed a complaint with investigative agencies seeking a probe into two former top executives of his companies and two banks related to a multi-billion dollar financial scandal engulfing his group.
-
Indian Banks Pursue Vijay Mallya's Bankruptcy Order In UK Court: Report
A consortium of Indian banks led by the State Bank of India (SBI) are pursuing their bankruptcy order against liquor tycoon Vijay Mallya in the High Court in England, as they seek to establish that any settlement offer made by him is now "dead in the water".
-
"People Who Are Mighty Pleased Are...": P Chidambaram On 'RBI List'
Congress's P Chidambaram has urged the RBI to direct banks to continue to show unrecovered loans from fugitive business tycoons like Vijay Mallya, Mehul Choksi and Nirav Modi on their books rather than writing them off as NPAs
