Andy Thomas

HSBC to Scale Down Investment Banking Operations in the West as Part of Restructuring 0
- Business
- 01/28/2025
Major Focus Shift to Asia and the Middle East with Plans to Streamline Investment Banking Services HSBC Holdings is set to scale down its investment banking operations in Europe, the US, and the UK, as part of a broader restructuring initiative under CEO Georges Elhedery. The bank, Europe’s largest, will withdraw from providing equity capital
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Mapletree Investments Purchases Logistics Properties in UK and Spain for €315.1 Million 0
- Business
- 01/27/2025
The acquisition marks the foundation of the company’s second European logistics fund. Mapletree Investments, a prominent real estate firm, has acquired its first logistics property in the UK and a collection of 10 warehouses in Spain for a total of approximately 315.1 million euros (S$444.5 million). These newly acquired properties, which collectively offer a net
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Four Dead After Electric Vehicle Crashes and Catches Fire in Taiwan 0
- News
- 01/27/2025
Tragic accident during Lunar New Year trip claims lives of three children and a man, leaving several others injured. A tragic accident occurred in Taoyuan, north-western Taiwan, on January 25, when an electric vehicle carrying a family of eight crashed into a traffic barrier and caught fire. The crash, which took place along National Freeway
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Santosa and Kolonas Families Propose Privatisation of Japfa at S$0.62 per Share 0
- Business
- 01/24/2025
The offer represents a 34.8% premium over the company’s last traded price, aiming to take Japfa private and provide greater business flexibility. The family members of Japfa’s founder have made an offer to take the agri-food company private through a scheme of arrangement at a price of S$0.62 per share. The offer is being made
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HSBC to Scale Down Investment Banking Operations in the West as Part of Restructuring 0