Reuters. FILE PHOTO: The Wirecard AG logo is shown at its headquarters in Aschheim SINGAPORE (Reuters) – Singapore authorities said they launched an investigation into Citadelle Corporate Services, the Senjo group and its subsidiaries after examining the local operations of the collapsed German payment company Wirecard (DE:). The investigationRead More →
The Gemini cryptocurrency exchange is expanding further into Asia with the appointment of former Leonteq Asia CEO Jeremy Ng as Managing Director of Asia Pacific region. The move sets the Winklevoss twins’ exchange up to apply for a license under Singapore’s 2019 Payment Services Act, which requires at least oneRead More →
© Reuters. Airlines face growth warning as virus curtails Singapore Airshow By Jamie Freed and Tim Hepher SINGAPORE (Reuters) – Asian airlines face “drastic” cuts in their planned growth because of the coronavirus crisis, an industry group warned, adding gloom to an already depleted Singapore Airshow as more companies scaledRead More →
(Reuters) – Singapore Telecommunications Ltd (SI:) said on Monday it would partner with Grab Holdings Inc to apply for a digital full banking license in Singapore. Southeast Asian ride hailing firm Grab will have a 60% stake in the consortium while Singtel will hold a 40% stake, the telecommunication providerRead More →
ZURICH (Reuters) – UBS (S:) is working with relevant authorities to address inappropriate spreads it may have charged wealthy clients whose money was booked in Hong Kong and Singapore in debt securities transactions, it said in its third-quarter report on Tuesday. “UBS intends to reimburse affected customers on a basisRead More →
© Reuters. An aircraft flies past the HSBC headquarters building in the Canary Wharf financial district in east London By Sumeet Chatterjee HONG KONG (Reuters) – HSBC Holdings (LON:) PLC plans to boost its Asia retail wealth management staff by about 300 by end of this year, with Europe’s biggestRead More →
Europe’s markets were down on Wednesday, as escalating geopolitical tensions between Pakistan and India heightened investor fears. Markets were also waiting for the second summit between President Donald Trump and North Korean leader Kim Jong Un to kick off in Vietnam’s capital. Metro Bank PLC tumbled by 20%. How areRead More →
