Cathay Bank Chairman Quits After Governance Dispute, Family Feud

Cathay United Bank Co. Chairman Kuo Ming-jian has resigned following a regulatory breach at the lender’s asset management affiliate linked to his outside positions, an incident that culminated in a physical altercation with a member of Taiwan’s billionaire Tsai family. This story was reported by Bloomberg. For more Finance news in Kenya, stay tuned to Masaa.