THE UK will probably impose a limit of £10,000 (S$15,958) to £20,000 for holdings of a new digital currency once it comes into existence, a Bank of England (BOE) official said.
Some of Credit Suisse Group’s junior and mid-level bankers will get their bonuses paid out in instalments, the latest twist in the firm’s handling of employee compensation amid a tumultuous overhaul.
A FORMER Coinbase Global manager admitted participating in a scheme to trade on confidential information about when the exchange was going to list new tokens.
ION, the financial trading services group hit by a ransomware attack last week, started to bring clients back on to its cleared derivatives platform overnight, a person familiar with the matter told Reuters on Tuesday (Feb 7).
A GLOBAL central bank test lab run out of London is designing a ‘stablecoin’ monitoring system aimed at giving authorities a clearer picture on how they work and how to regulate them in future.
THE dollar hovered near one-month highs on Tuesday (Feb 7) ahead of a speech by Federal Reserve Chair Jerome Powell that will be scoured by investors for any signals on how high US interest rates may go this year.
THE US dollar hovered near one-month highs on Tuesday (Feb 7), ahead of a speech by Federal Reserve chairman Jerome Powell that will be scoured by investors for any signals on how high US interest rates may go this year.
MORGAN Stanley has promoted two senior investment bankers in Singapore to beef up its franchise in South-east Asia, according to a memo seen by Bloomberg News.
UK-FOCUSED equity funds registered £868 million (S$1.4 billion) of outflows in January, in sharp contrast to global funds, which attracted investments as markets rebounded, said funds network Calastone on Tuesday (Feb 7).
