Thu, May 25, 2006 - Page 12 News List

FSC may discipline bank chair

STOCK TRADING The watchdog is investigating Chang Hwa Commercial Bank's chairman, and could decide whether to punish him this week

By Amber Chung  /  STAFF REPORTER , WITH BLOOMBERG

The ministry will announce its decision and the results of its investigation into Su's alleged involvement in insider trading of TDC shares at 11am today.

Meanwhile, Chen said that Chang Hwa's corporate governance was flawed.

The bank's board of directors should be more transparent about their decision-making process regarding the disposal of Taiwan Development shares, Chen said.

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