Offshore Investment Bank

Latest News for: Offshore investment bank

Edit

Faces of the victims: The 25 scam casualties who lost $6.7 million to fraud

NewstalkZB 14 Apr 2024

Some victims made money transfers with the assistance of banking staff at their local branch, sending funds for a supposed international term deposit or offshore bond investment to a “holding account” at another Kiwi bank.

Edit

Pension funds and emigration: tax could be the make-or-break factor

Independent online (SA) 02 Apr 2024

Another way to fund an international retirement plan is to use funds that are already taxed and cleared and are being held in an offshore bank account or direct investment vehicle ... investing offshore.

Edit

How Sam Bankman-Fried’s possible sentence stacks up against the century’s biggest fraudsters

Vox 28 Mar 2024

... which allows consumers to deposit funds for a specific period of time and at an interest rate usually higher than normal savings accounts — from his offshore bank in Antigua to some 50,000 investors.

Edit

Fund managers inclined towards SA bond and equities bulls, Bank of America says

Independent online (SA) 27 Mar 2024

This was because as much as 80% of the surveyed fund managers were more inclined towards “overweight domestic stocks, with banks and software emerging as the most preferred sectors” for investment ... Fewer managers, about 13%, want to invest offshore.

Edit

BNP Paribas focuses on offshore investor demand for NZX-listed companies

RNZ 25 Mar 2024

One of the world's banking giants says there is pent-up demand from offshore investors wanting to invest in the New Zealand stock exchange (NZX) ... The types of companies listed on the NZX made it appealing to offshore investors, he said.

Edit

Cathay United Bank bags Best Domestic Private Bank Award

Taipei Times 18 Mar 2024

Last year, the private bank was the first ... Then last year, the private bank took its services to the next level by introducing non-SIT offshore funds, the first trust-based investment vehicle in Taiwan.

Edit

Foreign flows to India derivatives swell amid regulator scrutiny

Deccan Herald 13 Mar 2024

... against Adani last January had alleged that a web of foreign funds mainly based in tax havens with opaque ownership structures had been investing in the group’s companies, pumping up stock prices.

Edit

Singaporean swindler: Divorcee loses $569k in romance scam after meeting woman on Tinder

NewstalkZB 12 Mar 2024

An Auckland divorcee who met a Singaporean woman on Tinder was tricked into sending $569,000 to a Chinese bank account in Hong Kong, believing he was investing in Bitcoin.

Edit

Clarkson navigates troubled waters to deliver higher profits

The Times/The Sunday Times 04 Mar 2024

Sponsored. The London-listed shipping broker, which was founded in 1852, provides shipbroking, research and logistical support to its clients. It also has investment banking capabilities in several shipping and offshore sectors ... Related articles ... BOOKS .

Edit

Government instructs banks to urgently implement new safeguards to protect customers from scams

NewstalkZB 01 Mar 2024

Today’s announcement follows months of pressure on retail banks amid a surge in investment scam cases where offshore criminal syndicates have exploited our payment system to fleece hundreds of millions of dollars from unsuspecting Kiwis.

Edit

With over 30 years in China, DBS Bank eyes China's long-term opportunities

China Daily 29 Feb 2024

DBS Bank, one of the first foreign banks to set up businesses here, has been offering trade financing, cross-border RMB capital pool, and RMB offshore borrowing business to enterprises and financial institutions in the region.

Edit

Interview: With over 30 years in China, DBS Bank eyes China's long-term opportunities

China.dot.org 29 Feb 2024

Edit

Metrobank raises $1B from dollar bond offer

The Manila Times 29 Feb 2024

Bank of America Securities and UBS acted as the joint global coordinators and bookrunners for the transaction, with MUFG Securities and First Metro Investment Corp ... The Ty-led banking giant last tapped ...

Edit

StanChart suspends new offshore channel investments by China clients

The Philadelphia Inquirer 27 Feb 2024

HONG KONG ---Standard Chartered has suspended new investments by its clients in China into offshore products via a quota-based channel, ...

Edit

MAMOKETE LIJANE: Huge potential inflow shows why the rand is unlikely to sell off

Business Day 21 Feb 2024

Yet the change to Regulation 28 was accompanied by easing of restrictions for offshore investment by individuals ... In the decade to 2015 South Africans increasingly invested offshore, but offshore investors also brought money into SA.