AUSTRALIAN bourse operator ASX said on Thursday it was setting aside up to A$70 million (S$64.5 million) for a programme to accelerate its software replacement project that was halted in November.
CREDIT Suisse Group is exiting distressed debt and special-situations trading, as part of its broader exit from risky and capital-intensive businesses.
TWO people who co-signed FTX co-founder Sam Bankman-Fried’s US$250 million bail package have been publicly identified as the former dean of Stanford’s law school and a senior research scientist at the elite university.
BITCOIN rose to the highest level since August on Wednesday (Feb 15), gaining for a second day as a decrease in risk aversion helps to temper concerns about a widening crackdown by US regulators.
WORLD Bank chief David Malpass announced on Wednesday he would step down nearly a year early, ending a tenure at the head of the development lender that was clouded by questions over his climate stance.
DEUTSCHE Bank will cut bonuses for staff who inappropriately used messaging services for business communications as the repercussions from a sweeping US probe ripple across the industry.
CHINA Resources Trust (CR Trust) said on Wednesday (Feb 15) it had set up its first product under China’s outbound investment scheme QDII that would give Chinese investors the opportunity to put money into an offshore mutual fund managed by BlackRock.
CREDIT Suisse started selling a euro-denominated senior unsecured bond on Wednesday (Feb 15), a lead manager memo seen by Reuters showed, tapping markets for the first time since the Swiss bank’s results almost a week ago warned of more losses.
A US crackdown on a Binance-branded stablecoin has sparked US$900 million in redemptions of the token in a little over two days, the latest shake-up in a tumultuous period for the cryptocurrency sector.
