MANILA (BLOOMBERG) – Asia’s surging coronavirus infections and slow pace of vaccinations is testing the limits of what central banks can do to further support what, until recently, had been […]
SINGAPORE – Scammers are exploiting the coronavirus situation in India by asking for donations in Singapore for the purchase of oxygen concentrator machines, said the police. The scammers have been using […]
SINGAPORE (REUTERS) – Cryptocurrency ether hit a record high on Monday (May 3) to trade within a whisker of US$3,000 (S$3,990), extending last week’s rally in the wake of a […]
(AGENCE FRANCE-PRESSE) – Digital euros, yuan and dollars? Faced with increased popularity for the cryptocurrency bitcoin, as well as for online payments during the pandemic, central banks are exploring new […]
SINGAPORE – A scam where customers receive an SMS message claiming that their bank accounts have been suspended has resurfaced here, the police said on Monday (April 26). These spoofed […]
SINGAPORE – The rise of private payment networks and cryptocurrencies is challenging central banks’ control over the flow of money within the financial system, the broader economy and across borders. […]
(BLOOMBERG) – Mr Ulf Erlandsson is not your typical climate campaigner: He prefers the trading desk to the picket line. He pushed Amundi, Europe’s largest asset manager, into divesting bonds […]
(BLOOMBERG)- Citigroup could fetch as much as US$6 billion from the sale of retail banking assets in 13 markets across the Asia-Pacific region, Europe and the Middle East as the […]
HO CHI MINH CITY & TOKYO, Apr 22, 2021 – (ACN Newswire via SEAPRWire.com) – Viet Capital Commercial Joint Stock Bank (Viet Capital Bank) and JCB International Co., Ltd., the […]
HO CHI MINH CITY & TOKYO, Apr 21, 2021 – (JCN Newswire via SEAPRWire.com) – Viet Capital Joint Stock Commercial Bank (Viet Capital Bank), and JCB International Co., Ltd., the […]
SINGAPORE – DBS Group has agreed to buy a 13 per cent stake in privately-owned Shenzhen Rural Commercial Bank (SZRCB) for 5.29 billion yuan (S$1.08 billion), part of its plan […]
HONG KONG, Apr 19, 2021 – (ACN Newswire via SEAPRWire.com) – Recently, China Brilliant Global Limited (8026.HK) (CBG) voluntarily announced that its subsidiary Brillink Bank Corporation Limited (“Brillink”) was granted […]
SINGAPORE (BLOOMBERG) – Deutsche Bank is replacing its global pricing engine for emerging-market currencies in London with one in Singapore, drawn by surging trading in Asia and the increasing importance […]
NEW YORK (BLOOMBERG) – JPMorgan Chase & Co sold US$13 billion (S$17.35 billion) of bonds on Thursday (April 15), the largest deal ever by a bank, taking advantage of some […]
SINGAPORE – Five men were charged on Thursday (April 8) with being part of a conspiracy to launder more than $2 million through shell companies. One of them, Tan Hock […]
NEW YORK (BLOOMBERG) – For the second time in a little more than a week, Thomas Gottstein was facing a tough crowd: his own bankers. The chief executive officer of […]
NEW YORK (REUTERS, BLOOMBERG) – Credit Suisse will announce the departure of two senior executives and detail how much it expects to lose through its exposure to Bill Hwang’s family office Archegos […]
Toyota City, Japan, Apr 5, 2021 – (JCN Newswire via SEAPRWire.com) – e-Mobility Power, Inc. (e-Mobility Power), the equity holders of which are Tokyo Electric Power Company Holdings, Inc. (TEPCO […]
ZURICH (BLOOMBERG) – Credit Suisse Group leaders are discussing replacing chief risk officer Lara Warner while sparing chief executive officer Thomas Gottstein as they tally losses that could reach into […]
Hanoi & Tokyo, Mar 30, 2021 – (ACN Newswire via SEAPRWire.com) – Lien Viet Post Joint Stock Commercial Bank (LPB) and JCB International Co., Ltd. (JCBI), the international operations subsidiary […]
