Firm
Singapore tech firm Circles is said to weigh sale of digital arm Circles.Life
CIRCLES Global, a technology company whose backers include private equity firm Warburg Pincus, is considering a sale of its digital telecom services provider Circles.Life amid interest from prospective investors,...
Morgan Stanley’s PE arm to sell HVAC firm to Goldman Sachs Alternatives
MORGAN Stanley’s private equity arm is selling its heating, ventilation and air conditioning (HVAC) business Sila Services, about three years after it invested in the company to take advantage...
US fines GlobalFoundries for shipping chips to sanctioned Chinese firm
THE US said on Friday (Nov 1) it imposed a US$500,000 penalty on New York-based GlobalFoundries, the world’s third-largest contract chipmaker, for shipping chips without authorisation to an affiliate...
UBS senior banker who pioneered ESG debt swaps leaves firm
He is among a select group of former Credit Suisse bankers who made it into top roles at UBS, after it acquired its troubled Swiss rival last yearA SENIOR...
BlackRock talks to buy private-credit firm HPS advance
BLACKROCK is in advanced talks to buy HPS Investment Partners, emerging as the only suitor in active talks with the firm as the world’s largest asset manager seeks to...
MAS fines investment firm S$1.9 million for making big customer transactions without adequate checks
AAIM ran afoul of the central bank’s anti-money laundering and countering financing of terrorism requirementsTHE Monetary Authority of Singapore (MAS) has issued a penalty of S$1.9 million to Atrium...
Big Nomura clients halt trades with firm over manipulation case
SOME of Japan’s largest financial institutions have halted trading securities with Nomura Holdings as the fallout from its market manipulation scandal spreads, according to sources familiar with the matter....
Entertainment firm Neon picks banks for Singapore IPO to raise up to S$500 million
Immersive entertainment group Neon has picked financial advisers for its potential initial public offering in Singapore, according to people with knowledge of the matter.Neon has chosen DBS Group Holdings,...
