BLOOMBERG HSBC Holdings Plc has hired Alex Hong from Evercore Inc to lead the bank’s dealmaking efforts in Singapore. Hong, who has been at Evercore for almost a decade, is set to join HSBC in September, a spokesperson for the UK lender confirmed in response to a Bloomberg News query. He will report to Sandeep Pahwa, head of investment banking …

BLOOMBERG The recent selloff in crypto markets is likely near an end, with long-position liquidations “largely behind us,” according to a research report by JPMorgan Chase & Co. The fading of some positive legal and regulatory news induced a wave of selling in recent weeks that is “still reverberating,” though the unwinding appears to be at its end phase, based …

DUBAI / WAM Dubai Future Foundation (DFF) announced 33 government entities in Dubai have proposed 79 project ideas in the third cycle of the Dubai 10X initiative. Launched by HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of Dubai Executive Council, and Chairman of the Board of Trustees at Dubai Future Foundation, Dubai 10X, …