STANDARD Chartered Bank has trained more than 8,000 employees in Singapore as part of an S$8 million investment to upgrade its talent, it announced on Tuesday (Dec 13).
UK REGULATORS are watching out for a “land grab” of London traders by the European Union (EU), though they are satisfied with the post-Brexit personnel moves so far, the head of the Prudential Regulation Authority (PRA) said.
BINANCE saw withdrawals of US$1.9 billion in 24 hours, blockchain data firm Nansen said on Tuesday (Dec 13), as the cryptocurrency exchange “temporarily paused” withdrawals of the USD Coin (USDC) stablecoin.
FUND managers and investment advisers are returning to battered Asian bond markets, betting on a rebound in 2023, though with a wary eye on the risks of defaults and a global recession.
INDIA’S biggest merger ever will likely take away from the rupee bond market one of its top issuers, an absence that may weigh on debt sales and arrangement fees for banks.
NOMURA Holdings is set to offer wealth management services in Dubai as the Japanese firm expands its Middle East presence to tap a growing pool of rich clients and flow of funds to the region.
GOLDMAN Sachs Group plans to stop originating unsecured consumer loans, a source familiar with the move told Reuters on Monday (Dec 12), in another sign the bank is stepping back from its consumer business.
INDIA could attract close to US$10 billion in renewable energy investment in 2023, a bright spot as public markets remain largely shut to big-ticket capital raising, according to Bank of America’s top executives in the country.
THE Bahamas police have arrested former FTX CEO Sam Bankman-Fried, the country’s attorney general said in a statement on Monday, adding that The Bahamas has received formal notification from the United States of criminal charges against him. REUTERS
