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LAWYERS for Sam Bankman-Fried said they reached an agreement with US prosecutors on Monday (Mar 28) on revised bail conditions, after a judge raised the prospect of sending the indicted FTX cryptocurrency exchange founder to jail pending trial.

THE crisis that has engulfted Credit Suisse has unfolded rapidly, with the latest milestone being the dramatic decision to write down all of the bank’s AT-1 (Additional Tier-1) bonds. Our global team supports clients affected by the AT-1 bond writedown and we share some key takeaways from the latest...

THE Asean Taxonomy Board on Monday (Mar 27) finally gave the sustainable finance industry in South-east Asia what it has been seeking: A way to finance the phasing out of coal.

AUSTRALIA’S biggest lenders said on Tuesday (Mar 28) the domestic financial sector was unlikely to be caught in turmoil engulfing rivals in the US and Europe, but warned that raging competition to sell home loans and attract deposits was hitting margins.

“I’M not an anarchist,” Changpeng Zhao (CZ) once said. “I don’t believe human civilization is advanced enough to live in a world with no rules.”

HONG Kong regulators are convening a meeting between crypto firms and bankers in a bid to ease financing for the sector as the city seeks to establish itself as a hub for virtual assets.

IN the battle for the biggest prize in China’s trillion-dollar pension market, BlackRock and other global firms have little chance of attracting clients like Judy Deng.

THE Federal Deposit Insurance Corporation (FDIC) stuck to its guns and didn’t offer bailouts to keep two lenders from collapsing. Instead, it struck deals that included millions of dollars of sweeteners to the acquiring banks.

MASTERCARD and Visa are among the firms negotiating to acquire Pismo, which provides cloud-based payment and banking platforms, said people familiar with the matter.

MASTERCARD and Visa are among the firms negotiating to acquire Pismo, which provides cloud-based payment and banking platforms, said people familiar with the matter.