HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source
HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the ...
Tag: Source
I Squared eyes DigitalBridge towers in South-east Asia: source
I SQUARED Capital is considering buying some of the assets of DigitalBridge Group’s South-east Asian telecom tower operator, according to ...
Vanke in talks to sell logistics firm stake to GIC: source – The Business Times
INDEBTED property developer China Vanke is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign ...
HSBC’s payments app closure puts around 400 jobs at risk: source – The Business Times
Additional lower-ranking job cuts are also expected in the first quarter, with bank management keen to offset headwinds to earnings ...
Bird feathers, blood found in both engines of crashed jet in South Korea: source – The Business Times
INVESTIGATORS found bird feathers and blood in both engines of the Jeju Air jet that crashed in South Korea last ...
Rio Tinto and Glencore discussed merger but talks no longer active: source
GLENCORE approached Rio Tinto late last year about combining the two big copper producers but the discussions are no longer ...
Allianz scraps proposed acquisition of Singapore’s Income Insurance: source
Allianz has scrapped a proposed US$1.5 billion euro (S$2.1 billion) acquisition of a 51 per cent stake in Singaporean firm ...
Bank of America promotes 387 employees to managing director: source
Bank of America (BOA) has promoted 387 employees to managing director roles in 2024, 16 per cent more than last ...
St James’s Place to cut around 500 jobs, source says
The cuts represent nearly a sixth of the company’s workforce of around 3,200 peopleBritish wealth manager St James’s Place is ...
Japan competition authorities raid Amazon Japan: source
JAPAN’S Fair Trade Commission on Tuesday conducted an on-site inspection of Amazon Japan on suspicion of violating anti-monopoly laws, a ...
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