Hong Kong's former finance chief John Tsang takes aim at politicians for 'ruining city's rules and systems'

Hong Kong's former finance chief John Tsang takes aim at politicians for 'ruining city's rules and systems'

Hong Kong’s former financial chief John Tsang Chun-wah on Saturday took a dig at politicians of all stripes – including the pro-democracy camp which supported him in last year’s chief executive race – accusing them of causing “deep and irreparable injury” to the city’s systems. He was particularly critical about the goings-on in the Legislative […]

The Finance 202: Trump's ZTE cave means larger loss for his trade agenda

The Finance 202: Trump's ZTE cave means larger loss for his trade agenda

THE TICKER Chinese men pass by a ZTE building in Beijing. (AP Photo/Ng Han Guan, File) The Trump administration’s failure to extract any meaningful concessions from Beijing in return for salvaging Chinese telecom giant ZTE is more than just a tactical defeat.  It portends a broader collapse of the U.S. push to force systemic reforms […]

7-Attorney Real Estate Finance Group Heads to King & Spalding

7-Attorney Real Estate Finance Group Heads to King & Spalding

Courtesy photo King & Spalding has added a seven-attorney real estate finance group in New York from a midsize Boston-based firm. The attorneys joining King & Spalding as of June 1 include partners Erik Anderson, Elizabeth Gable and Jared Zaben, as well as four counsel: Brett Nizzo, Nathan Pagett, Julian Buchbinder and David Hart. The […]

Alliant Energy Finance, LLC Announces Pricing of Senior Notes Offering

Alliant Energy Finance, LLC Announces Pricing of Senior Notes Offering

The net proceeds from this offering are intended to be used to retire AEF’s variable-rate term loan credit agreements expiring in 2018, to reduce the Company’s outstanding commercial paper and for general corporate purposes. The Notes will be offered and sold to qualified institutional buyers in reliance on Rule 144A under the Securities Act of […]

Vietnam Finance Minister Wants to Ban Bitcoin Mining Rigs

Vietnam Finance Minister Wants to Ban Bitcoin Mining Rigs

Osato Avan-Nomayo · June 6, 2018 · 2:00 am News has emerged of yet another cryptocurrency-related ban — this time in Vietnam. The country’s Finance Ministry is proposing a ban on the importation of cryptocurrency mining rigs. According to the ministry, these mining rigs are used to launch unregulated digital payment methods.  Vietnam Struggles to Get a […]

The Finance 202: Trump draws powerful enemy in trade fight: the Koch brothers

The Finance 202: Trump draws powerful enemy in trade fight: the Koch brothers

THE TICKER (Miller Hawkins/MSNBC) President Trump’s trade offensive just drew its first serious opposition at home.  Congressional Republican leaders may be unwilling for now to do more than voice their objections to billions of dollars in tariffs the administration is moving to impose on imports from around the globe. But the Koch brothers’ political network […]

Finance App Albert Raises $5 Million To Help You Solve Your Money Problems

Finance App Albert Raises $5 Million To Help You Solve Your Money Problems

Albert, a financial service startup, raised $5 million in Series A funding from investors including QED, American Express Ventures, and Portag3. This brings its total funding to approximately $7.5 million. Read the full story here. Here’s how it works: It’s an app that tracks finances and makes personalized recommendations to help users take action. It’s […]

Shortage of IT talent poses risks to big US banks, finance firms

Shortage of IT talent poses risks to big US banks, finance firms

Bloomberg News/Landov American financial institutions are under greater threat from cyberattacks, executives and government regulators say. WASHINGTON – American financial institutions face a greater threat from cyberattacks because of a shortage of high-tech professionals and poor coordination between the government and private sector on how to deter hackers, executives say. Financial services industry […]

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