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...Singapore, he adds, wants to be “a premium place for premium business, not just a Cayman Islands or a Mauritius, a place where global capital can come in and be reinvested elsewhere....
...Among the first tasks for his successor, former UBS executive Axel Lehmann, was to deal with the fallout from Credit Suisse becoming the first Swiss bank to be charged with criminal offences in the country...
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Appointing Aguzin to the job at the heart of Hong Kong’s financial establishment was a bold bet that a consummate salesman who had risen quickly through the ranks of the US investment bank could help it...
...Caught up in a political bribery scheme that stole billions from state-controlled oil company Petrobras, its construction was paused in 2014 under Lula’s chosen successor Dilma Rousseff, with only half the...
...The company is also talking to banks about a stock market listing as soon as next year at a valuation of about $20bn....
...In 2014 Mandelson agreed to be a “founding citizen” of the TerraMar Project, a non-profit ocean conservation group founded by Ghislaine Maxwell that had financial support from Epstein....
...Bolsonaro was elected in 2018 as a political outsider who promised to stamp out corruption following a years-long graft scandal during the administration of Lula’s successor, Dilma Rousseff....
...And because 2028 marks the centenary of the invention of penicillin by Alexander Fleming I am giving £5m to Imperial College and Imperial College Healthcare NHS Trust to set up a Fleming Centre to inspire...
...Now that Malpass has decided to quit a year early, Joe Biden has an opportunity to install a successor who can make more aggressive use of the bank’s balance sheet to galvanise green investments in developing...
...This government or a successor may yet reverse current Conservative policies with punitive taxes on banks....
...After completing what he calls a long summer of goodbyes, he had to start again with Johnson’s successor Liz Truss. But then the prime minister changed again....
...The money was transferred to a bank in the Philippines and was only identified because one of the orders happened to contain a word that was also the name of a sanctioned Iranian ship, alerting US authorities...
...His successor, Farouk Bastaki, and a freshly appointed board wanted to modernise the fund, say the people....
...Rhode Island-based Citizens was spun out of Britain’s RBS in 2015. RBS bought the bank in 1988, near the start of a global expansion that ended in huge losses and a bailout by the UK government....
...Jamalul Kiram II died in 1936 without leaving a direct heir, but since then a procession of Filipino citizens have made claims to the throne that for centuries ruled a region spanning modern day Malaysia...
...South Korea raises interest rates The Bank of Korea has raised its benchmark interest rate from 0.5 per cent to 0.75 per cent, becoming the first central bank of a big Asian economy to raise its lending...
...It has hired Moelis & Co, a NY-based investment bank to see if it can sell off parts of the company to raise cash, even offering to change Pegasus into a “defensive” product if that makes it more palatable...
...The initiative — a first for a German blue-chip — is a contentious subject in a country haunted by the Nazi government’s persecution and killing of citizens for their ethnicity, religion and sexual orientation...
...Spain’s BBVA sold its American unit to Pittsburgh-based PNC last year, and HSBC divested the bulk of its US retail banking operations to Citizens Bank and Cathay Bank in May....
...“This is a hollow victory,” said Denise Namburete, the executive director of N’weti, a Mozambican NGO....
...Merkel’s successor as leader of the Christian Democrats, Friedrich Merz, ex-BlackRock, would no doubt like to take the party in a more market-oriented direction....
...Yet annual results to March 2020 show £9.9m of cash still sitting on NCS Trust CIC’s balance sheet....
...Although he was not a frontrunner in the race to replace Mark Carney last year, he had been viewed as a possible successor to current governor Andrew Bailey....
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