BYBIT surpassed Coinbase in March to become the world’s second-largest cryptocurrency exchange after Binance, according to a report from crypto research firm Kaiko.
ZURICH Insurance Group plans to increase headcount in India by 40 per cent over the next three years, adding 600 people following its acquisition of a majority stake in Kotak Mahindra Bank’s general insurance unit.
VIETNAMESE lender Southeast Asia Commercial Joint Stock Bank (SeABank) plans to issue the country’s first blue bond as part of a US$150 million financing package from the International Finance Corporation (IFC).
SOME Wall Street banks, worried that landlords of vacant and struggling office buildings won’t be able to pay off their mortgages, have begun offloading their portfolios of commercial real estate loans hoping to cut their losses.
SINGAPORE has maintained its spot as the most expensive city in the world for high-net-worth (HNW) individuals to live well, said a report by Swiss private bank Julius Baer on Tuesday (Jun 25).
THE Federal Reserve has shown other United States regulators a three-page document of possible changes to their bank-capital overhaul that would significantly lighten the load on Wall Street lenders, according to sources familiar with the matter.
OCBC and concert parties have garnered 90.16 per cent of the shares in Great Eastern, the bank announced on Monday (Jun 24). However, no delisting is in sight as the lender’s offer for its insurance subsidiary has been deemed not fair but reasonable.
OCBC and concert parties have garnered 90.16 per cent of the shares in Great Eastern, the bank announced on Monday (Jun 24). However, no delisting is in sight as the lender’s offer for its insurance subsidiary has been deemed not fair but reasonable.
AS CREDIT Suisse fades into history following its takeover by UBS last year, global banks are expanding in Switzerland to take advantage of companies’ desire to spread their business.
ALLIANZ Global Investors (AGI), one of the investment arms of German insurer Allianz, has become the first foreign company to own a stake in China’s pension insurance giant Guomin Pension.
