June 4, 2023

The CEO of one of Asia’s largest banks says bitcoin is a ‘Ponzi scheme’

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By Sujin Thomas, From Business Insider Singapore David Gledhill, group chief information officer at DBS, condemned bitcoin at the Singapore Fintech Festival. DBS is one of the largest banks in Asia and not the first to criticize cryptocurrency. Gledhill said bitcoin has hidden high transaction fees and should be watched.   One of Asia’s largest banks has […]

New Issue- Hongkong Land prices $400 mln 2024 bond

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From Reuters Wed Jan 8, 2014 8:46am EST Following are terms and conditions of a bond priced on Wednesday. Borrower Hongkong Land Finance (Cayman Islands) Co Ltd Issue Amount $400 million Maturity Date January 16, 2024 Coupon 4.625 pct Issue price 99.328 Reoffer price 99.328 Yield 4.71 pct Spread 175 basis points Underlying govt bond […]