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The city state must now decide what to do with a fortune in forfeited assets, from luxury properties to collectible ornamental bears and branded handbags. There’s also several hundred million dollars of local and foreign currencies in accounts at some of the world’s top wealth managers.
Bank of America on Tuesday said second-quarter revenue and profit topped expectations on rising investment banking and asset management fees.
Developers sold 228 units last month, up from 221 in May, figures from the Urban Redevelopment Authority showed on Monday.
NEW YORK -- Citigroup is offering new banking services in Japan, starting this month, targeting midsize Japanese businesses as it looks to once again expand its footprint in a key Asian market.
British financial technology firm Revolut announced Thursday that it's planning to move its official headquarters in London to Canary Wharf, the city's major financial district.
May's surprising pace of job growth and wage rise added to the conviction that the Federal Reserve will stay on hold through this summer and possibly beyond.
The CEOs of artificial intelligence heavyweights Google DeepMind, Microsoft AI, Anthropic and Mistral AI are among the elite list of business and political leaders attending a secretive meeting kicking off in Madrid, Spain, on Thursday.
British fund manager abrdn said on Friday CEO Stephen Bird will step down after four years in the role, and finance chief Jason Windsor will take the helm on an interim basis.