Featured Archives • Page 837 of 1278 • Financial News

Featured

Malaysia’s Berjaya evaluates potential acquisition in financial services

MALAYSIAN consumer-to-property conglomerate Berjaya Corp is evaluating a “major potential acquisition” involving a licensed entity governed by the Malaysian central bank, it said in a stock filing late on Tuesday (Dec 27).

Featured

Alameda lent Sam Bankman-Fried US$546m for Robinhood stake

FTX founder Sam Bankman-Fried said he and former executive Gary Wang borrowed more than US$546 million from Alameda Research to buy a nearly 8 per cent stake in Robinhood Markets, according to court papers.

Featured

From crypto to ESG, these are US regulators top priorities in 2023

CRYPTO is squarely in the crosshairs of Washington regulators, with fresh calls for stricter controls before the industry can get big enough to affect the broader financial system.

Featured

US charges accused Mango crypto manipulator with fraud

US PROSECUTORS have filed criminal charges of commodities fraud and manipulation against a man accused of trying to steal about US$110 million in October by rigging the Mango Markets cryptocurrency exchange.

Featured

US probes how US$372m vanished in hack after FTX bankruptcy

FEDERAL prosecutors are investigating an alleged cybercrime that drained more than US$370 million out of FTX just hours after the cryptocurrency exchange filed for bankruptcy last month.

Featured

China issues rules to assess risks in foreign banks’ Chinese branches

CHINESE regulators published a set of rules on Tuesday (Dec 27) to assess the operational risks of foreign banks’ Chinese branches, as well as the level of support they receive from their global headquarters.

Featured

Wall Street’s big banks score US$1 trillion of profit in a decade

MALICK Diop felt something shifting on Wall Street.

Featured

China banks rush traders back to office on Covid disruptions

SOME Chinese financial institutions are rushing employees back to office as surging absences of traders and other key personnel due to the nation’s massive Covid-19 outbreak start to disrupt operations.

Featured

Crypto lender Vauld faces debt-plan deadline as takeover talks with Nexo in limbo

ACQUISITION talks between crypto lenders Nexo and Vauld haven’t yet resulted in an agreement, as Vauld stares down a Jan 20 deadline to present a restructuring plan to creditors. Discussions with Nexo “had unfortunately not come to fruition,” Vauld wrote on Monday in an email to creditors.

Featured

Russia could hike rates in 2023 if inflation risks have big impact: central bank

THE Bank of Russia could raise interest rates in 2023 if inflationary risks such as labour shortages and import restrictions have a meaningful impact, Deputy Governor Alexei Zabotkin told the RBC daily in an interview.

Featured

Most Viewed

Trending Now