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Two local banks failed US financial exams, Koo says


Financial Supervisory Commission Chairman Wellington Koo, left, answers questions from lawmakers on the Finance Committee at the Legislative Yuan in Taipei yesterday.
Photo: CNA

There is no guarantee that Hua Nan Commercial Bank (華南銀行) will be able to avoid being fined by US regulators for the failure of its New York branch to comply with US regulations on money laundering, Financial Supervisory Commission (FSC) Chairman Wellington Koo (顧立雄) said yesterday.

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No consensus on ‘1992 consensus’: Lai


Premier William Lai, left, and Mainland Affairs Council Minister Katharine Chang speak during a question-and-answer session at the legislature in Taipei yesterday.
Photo: Liao Chen-huei, Taipei Times

The issue with the so-called “1992 consensus” is that there is no consensus about whether it exists or what it actually means, Premier William Lai yesterday told legislators yesterday, adding that the nation needs to address the problem.

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Newsflash


Presidential adviser Koo Kwang-ming yesterday speaks at a news conference held by the Taiwan Brain Trust in Taipei to announce the think tank’s latest poll results on the 2020 presidential election.
Photo: Wang Yi-sung, Taipei Times

President Tsai Ing-wen’s (蔡英文) low polling figures yesterday drew fire from within the pan-green camp, as presidential adviser and independence advocate Koo Kwang-ming (辜寬敏) called for Tainan Mayor William Lai (賴清德) to run for president in 2020.