Singapore's Temasek cuts pay for staff responsible for FTX investment

📆 29.05.2023 04:39:00
📰 YahooSG

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 71%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

(Reuters) -Singapore state investor Temasek Holdings said on Monday it had cut compensation for the team and senior management that recommended its investment in the now-bankrupt FTX cryptocurrency exchange. 'Although there was no misconduct by the investment team in reaching their investment recommendation, the investment team and senior management, who are ultimately responsible for investment decisions made, took collective accountability and had their compensation reduced,' Temasek Chairman Lim Boon Heng said in a statement posted on Temasek's website on Monday.

UK government slammed for lack of assistance: ‘He is in the UK so we have a moral duty to look after him’The actress is opening up about her whirlwind romance with the "Ozark" actor, with whom she just welcomed baby Matilda.STORY: Two Los Angeles residents were arrested for allegedly taking part in a Beijing-directed scheme to disrupt U.S.-based practitioners of Falun Gong, a spiritual movement banned in China for its criticism of the Chinese government.

China's embassy in Washington did not immediately comment on the charges.Falun Gong is a spiritual movement founded in the 1990s, based broadly around meditation.It has called for people to renounce the ruling Chinese government, and in turn Beijing calls it a cult organization that threatens national stability.

Schreibe Kommentar

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Temasek cuts compensation of senior management, investment team over failed investment in FTXSINGAPORE: Temasek's investment team and senior management 'took collective accountability and had their compensation reduced' after the firm's failed investment in cryptocurrency company
Herkunft: ChannelNewsAsia - 🏆 6. / 66 Weiterlesen »