No manipulation of the market you say?
Tuesday August 24, 5:35 am Eastern Time
Japan FSA seeks criminal charges against CS Group
TOKYO, Aug 24 (Reuters) - The deputy chief of Japan's top financial watchdog said on Tuesday that his agency was preparing to bring criminal charges against the Credit Suisse Group .
``We are preparing for criminal charges. We want to make efforts in that direction,' Hideichiro Hamanaka, the deputy chief of Japan's Financial Supervisory Agency (FSA), told a regular news conference.
Japanese financial regulators said in late July they would revoke the banking licence of Credit Suisse Group's derivatives unit for obstructing official investigations and offering inappropriate products to clients.
Financial regulators also ordered a partial suspension of Tokyo operations at four other CS Group units and Kokusai Asset Management Co Ltd, a unit of second-tier Japanese brokerage Kokusai Securities Co.(cont)
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Wednesday August 25, 6:05 am Eastern Time
Japan FSA inspects Deutsche Bank Tokyo office
TOKYO, Aug 25 (Reuters) - Japan's watchdog Financial Supervisory Agency (FSA) conducted inspections at Deutsche Bank's Tokyo office on Wednesday, a bank spokesman said.
``Yes, that's true, but we consider it part of their regular inspections,' the spokesman said.
Sources said FSA regulators also visited four other offices of the Deutsche Bank Group (quote from Yahoo! UK & Ireland: DBKG.F <http://finance.uk.yahoo.com/quotes/ukie/quote?symbols=DBKG.F&detailed=t>), including that of Deutsche Morgan Grenfell.
The sources said regulators were checking compliance with risk management and other rules.
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