Viet Capital Bank to issue JCB Corporate Credit Card
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 […]
Credit Suisse tightens hedge fund limits amid Archegos fallout
ZURICH (BLOOMBERG) – Credit Suisse Group is tightening the financing terms it gives hedge funds and family offices, in a potential harbinger of new industry practices after the Archegos Capital […]
AEON Credit Proposes Final Dividend of 18 HK Cents for FY2020 amid Solid Fundamentals
HONG KONG, Apr 8, 2021 – (ACN Newswire via SEAPRWire.com) – AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) has announced today its annual […]
Credit Suisse CEO faces anger in the ranks after Archegos mess
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 […]
Credit Suisse investment bank, risk chiefs to depart after Archegos fiasco: Sources
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 […]
Executive shake-up looms for Credit Suisse in Archegos fallout
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 […]
Credit Suisse seeks to wind up Sanjeev Gupta’s commodity trading unit
LONDON (BLOOMBERG) – Credit Suisse Group is seeking to push one of Sanjeev Gupta’s key commodities-trading units into insolvency, presenting a new threat to his metal empire after the collapse […]
Archegos fallout wipes over US$9b from market value of Credit Suisse, Nomura
LONDON (REUTERS) – Investors on Wednesday (March 31) tallied the fallout from Archegos Capital’s dramatic meltdown, with Nomura and Credit Suisse shares losing a collective US$9 billion (S$12.1 billion) while […]
Credit Suisse bid for tidy Archegos fix ends with banks brawling
NEW YORK (BLOOMBERG) – Alarms were blaring inside Wall Street’s corridors of power in the middle of last week, as executives realized they might be facing the biggest hedge fund […]
TPBank to issue JCB Card in Vietnam
Hanoi & Tokyo, Mar 25, 2021 – (ACN Newswire via SEAPRWire.com) – Tien Phong Commercial Joint Stock Bank (TPBank) and JCB International Co., Ltd. – the international operations subsidiary of […]
VCREDIT New Registered Users Growth Against Trend, First Payment Delinquency Ratio Reached the Best Historical Record
HONG KONG, Mar 25, 2021 – (ACN Newswire via SEAPRWire.com) – VCREDIT Holdings Limited (“VCREDIT” or the “Group”; stock code: 2003.HK), a leading independent online consumer financial service provider in […]
Over 98,000 S’pore employers to get $940m in wage credits by end-March
SINGAPORE – By end-March, $940 million in Wage Credit Scheme (WCS) payouts will be disbursed to more than 98,000 employers here, bringing the total amount in wage credits paid out […]
6 weeks’ jail for ex-Miss Universe Singapore contestant who used friends’ card details to shop online
SINGAPORE – A former Miss Universe Singapore contestant who memorised her friends’ debit card details and used these to spend $2,000 online was on Thursday (Feb 11) sentenced to six […]
Company Briefs : KrisEnergy
KrisEnergy Upstream oil and gas firm KrisEnergy has extended the maturity of its revolving credit facility (RCF) from DBS by an initial six months to June 30. The facility may […]
A great way to have a vacation at home
Craving for a decadent slice of the Parisienne epicurean experience filled with luscious pastries and canapes paired with glasses of bubbly or missing that sun-kissed Balinese vacation by the pool […]
Moss Platform Incorporates Tokenized Carbon Credits to Save the Planet
Sao Paulo, Brazil, Dec 18, 2020 – (ACN Newswire) – Moss, the largest environmental platform in the world, revolutionizes climate change combat efforts by tokenizing carbon credits. The proceeds from […]
Credit Suisse shuts $2.67 billion insurance units after withdrawals
ZURICH (BLOOMBERG) – Credit Suisse Group is winding down two reinsurance vehicles with assets of about US$2 billion (S$2.67 billion) after key investors moved their funds out. Humboldt Re and […]
Active SET debut sets Saksiam (SET: SAK) on robust growth course
BANGKOK, Dec 9, 2020 – (ACN Newswire) – Saksiam Leasing PCL (SET: SAK) made a trading debut on December 8 with an expected enthusiastic market reception backed by its strong […]
FE Credit to issue JCB Card in Vietnam
HO CHI MINH & TOKYO, Nov 19, 2020 – (ACN Newswire) – VPBank Finance Company Limited (FE Credit) and JCB International Co., Ltd., the international operations subsidiary of JCB Co., […]