News 18 Jan 18
Globaleye committed to Asia just not HK for now, Searle says
The impact of new regulations and the high cost of operating in Hong Kong prompted international advice firm Globaleye to make the strategic decision last year that its local operation had no “viable future”, says chairman Tim Searle.
DeVere launches cryptocurrency app as Bitcoin hits 6-week low
Global independent financial advice firm deVere Group has added a cryptocurrency app to its suite of products to meet “soaring global demand”, despite lingering concerns about the viability and legitimacy of digital currencies.
Convoy warns of dodgy shares
Embattled Convoy Global has warned investors against dealing with shares that it alleges were wrongly allotted to six individuals; including the company’s second largest shareholder, who recently failed to remove several executive directors in a thwarted boardroom takeover.
Ex-StanChart Private Bank head charged with bribery
A former private banking head at Standard Chartered Bank in China has been charged by Hong Kong’s Independent Commission Against Corruption (ICAC) this week with accepting a bribe.