Monday , 12 January 2026

Recent Posts

Indonesia set to get another unicorn

  Bloomberg PT Social Bella Indonesia, a beauty-products startup backed by Temasek Holdings Pte, is in talks with investors to raise $150 million to $200 million for a growth push, according to people familiar with the matter. The Jakarta-based company is negotiating for a funding round that would propel its valuation past $1 billion, said the people who asked not …

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Brexit gives $228bn boost to balance sheets of Irish banks

  Bloomberg The balance sheets of Ireland’s biggest banks have risen by two thirds since the Brexit vote, the latest data to demonstrate how Europe’s financial landscape is shifting following the UK’s departure from the European Union. Banks in Ireland regulated by the ECB’s Single Supervisory Mechanism (SSM) saw their balance sheets increase from 300 billion euros ($342 billion) in …

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Credit Suisse ousts its chairman after quarantine probe

  Bloomberg Credit Suisse Group AG’s Chairman Antonio Horta-Osorio resigned after just nine months in the role, following a series of missteps including reported breaches of Swiss and UK quarantine rules that eroded confidence in his leadership. His departure follows an investigation commissioned by the board, Zurich-based Credit Suisse said in a statement. The bank named board member Axel P. …

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