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Mega Financial Holding, a Taiwan-based financial holding company dealing with commercial banking, wealth management, and investment banking services, has appointed senior banking veteran Michael C.S. Chang as its newest chairman, following a recent shakeup at the position, according to a Reuters report.
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Mr. Chang steps into his new role just a day after seeing the position vacated by the departure Shiu Kuang-si, who quit after the New York branch of the firm’s banking unit was fined in July by New York regulators for anti-money laundering violations.
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