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The Latest Breaking News from SCB

4 Stocks Lift Dividends As Much as 33% As Banks Pass Stress Tests

With the Fed's stress test behind them big banks are flexing their muscle, announcing huge dividend increases. Another 2025 standout boosted its payment by 12%.

MarketBeat

Vietnam Tycoon Will Not Face Death Penalty Over $27 Bn Fraud: Lawyer

A Vietnamese property tycoon sentenced to death for fraud totalling $27 billion will no longer face execution, her lawyer said Wednesday, as the country abolished capital punishment for eight crimes, including property embezzlement.

International Business Times

Global haggis producers to compete for world championship in Perth

The hunt is on for the world’s best haggis, with producers from around the globe being invited to Perth to win the crown for their versions of…

The National (Scotland)

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Huge Vietnam Fraud Case Raises Questions Over Banking System

A multi-billion-dollar fraud scandal involving one of Vietnam's most prominent tycoons exposed systemic weaknesses in the country's banking sector, say analysts who warn other such cases could yet emerge.

International Business Times

Vietnamese tycoon faces scramble to raise billions to avoid death sentence

Truong My Lan must repay three-quarters of $12bn she embezzled from bank in a case that shocked the country

The Guardian - UK

Truong My Lan: Death sentence upheld for Vietnamese property tycoon over massive fraud

Truong My Lan had been convicted in April of embezzlement and bribery over the fraud amounting to 12.5 billion dollars, nearly 3% of Vietnam's 2022 GDP

Evening Standard

Vietnam court upholds tycoon’s death sentence for $12bn bank fraud

Truong My Lan’s life could still be spared if she pays back three-quarters of the assets she embezzled.

Al Jazeera

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Death sentence for real estate tycoon Truong My Lan upheld in Vietnam's largest fraud case

The death sentence for real estate tycoon Truong My Lan has been upheld in Vietnam’s largest fraud case, the scale of which had raised concerns about the country’s economy

The Independent UK

Vietnam Court Upholds Death Sentence For Property Tycoon

A Vietnamese court upheld the death penalty Tuesday for a property tycoon in a multi-billion dollar fraud case -- but said her life could still be spared if she paid back three quarters of the assets she embezzled.

International Business Times

Vietnam Property Tycoon On Death Row Faces Appeal Verdict

A Vietnamese property tycoon sentenced to death for a multi-billion-dollar fraud will learn Tuesday whether her life will be spared, as an appeal court reaches its verdict on one of the biggest corruption cases in history.

International Business Times

Appeal Begins For Vietnam Death Row Tycoon

The appeal of a Vietnamese property tycoon given the death penalty for fraud totalling $27 billion will begin on Monday after she pleaded for a more "lenient and humane" sentence.

International Business Times

Victims Of Vietnam Tycoon's Record Scam Count Losses After Sentence

A decade of selling diapers and baby products earned Nguyen Thi Huong a modest savings of $20,000 but her earnings vanished in Vietnam's biggest-ever scam that has seen the tycoon responsible sentenced to life in prison.

International Business Times

Thailand's SCB Announces 24/7 Stablecoin Remittances In Lightnet Partnership, Powered By Fireblocks

Thailand's oldest commercial bank has partnered with Lightnet to allow stablecoin settlements, integrating Fireblocks custody technology to enhance cross-border payments and remittances.

International Business Times

Vietnam Death Row Tycoon Faces Verdict In New Trial

A Vietnamese property tycoon sentenced to death for fraud totalling $27 billion faces a potential life sentence Thursday in a related trial on money laundering charges.

International Business Times

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Al Jazeera

Vietnam tycoon Truong My Lan, sentenced to death, faces new fraud trial

As part of major state anticorruption drive, she was convicted in April for her role in a $12.5bn financial fraud case.

The Guardian - UK

From ‘open hearts’ to closed borders: behind Sweden’s negative net immigration figures

Record low asylum applications ‘surprising’ when global displacement is at all-time high, with aid agencies blaming fear and far-right rhetoric

The Hindu

SCB-GHMC merger is unnecessary, says SCB member

SCB member opposes merger with GHMC, citing unjustified motivations; endorsed by Union Minister, under examination by Ministry of Defence.

International Business Times

Vietnam's Multi-billion Dollar Fraud Case: Key Things To Know

A high-profile Vietnamese real estate tycoon was sentenced to death on Thursday in one of the biggest corruption cases in history, with an estimated $27 billion in damages.

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WEKU

Vietnam sentences real estate tycoon to death in its largest-ever fraud case

Truong My Lan, the 67-year-old chairwoman of the real estate company Van Thinh Phat, was formally charged with fraud amounting to $12.5 billion — nearly 3% of the country's 2022 GDP.

International Business Times

Vietnam Property Tycoon Sentenced To Death In Multi-billion Dollar Fraud Case

A panel of three hand-picked jurors and two judges rejected all defense arguments by Truong My Lan, chair of major developer Van Thinh Phat, who was found guilty of swindling cash from Saigon Commercial Bank (SCB) over a decade.

International Business Times

Vietnam Property Tycoon Faces Verdict In Multi-billion Dollar Fraud Case

A top Vietnamese property tycoon faces a potential death sentence Thursday as she and her co-accused await verdicts in one of the biggest corruption cases in history, with an estimated $27 billion in damages.

The Hindu

Former SCB VP Jampana Pratap joins Congress

Experienced politician Jampana Pratap joins Congress in Hyderabad, boosting party's presence in Secunderabad Cantonment area.

The Hindu

Issued notices to Bantia, Imperial Gardens, other function halls: SCB informs High Court

The Hindu

Take action against Bantia, Imperial Gardens: HC tells SCB

International Business Times

Vietnam Property Tycoon On Trial In $12.5 Billion Fraud Case

A top Vietnamese property tycoon went on trial Tuesday along with dozens of others, accused of embezzling $12.5 billion in the country's biggest ever fraud case.

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