HSBC is the latest bank to be hit by attempted fraud, which Euromoney was first to report.
We’re here to save the world and we don’t need any questions
If the shoe was on the other foot, if these were sovereign wealth investors in France, Germany, the UK or the US earning fabulous returns, reducing national deficits, funding social security costs and investing into the rest of the world, would they think it was an issue? I suspect not
Simon Israel, executive director of Temasek, takes critics of the sovereign wealth funds head on