Singapore’s Temasek cuts staff compensation over FTX investment | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

Singapore’s Temasek cuts staff compensation over FTX investment

Singapore’s state investment fund Temasek slashes compensation for the team and senior management responsible for its investment in collapsed cryptocurrency exchange FTX. – AFP pic, May 29, 2023.

SINGAPORE state investment fund Temasek said today it had slashed compensation for the team and senior management responsible for its investment in collapsed cryptocurrency exchange FTX. FTX and its sister trading house Alameda Research went bankrupt in November, dissolving a virtual trading business that at one point had been valued at US$32 billion .

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore’s Temasek cuts staff compensation over FTX investmentSINGAPORE, May 29 — Singapore state investment fund Temasek said today it had slashed compensation for the team and senior management responsible for its investment in collapsed...
Source: malaymail - 🏆 1. / 86 Read more »

Singapore’s Temasek cuts staff compensation over FTX investmentSINGAPORE, May 29 — Singapore state investment fund Temasek said today it had slashed compensation for the team and senior management responsible for its investment in collapsed...
Source: malaymail - 🏆 1. / 86 Read more »