The end of August was filled with new high-profile hires and billion-dollar deals on the table. Find out more in our weekly business news round-up
August is coming to a close and this week has certainly been exciting with the appointment of a new chief executive officer, new deals being inked for business collaborations and possible billion-dollar deals on the table.
From Binance Singapore to Blackstone, Tatler rounds up all the biggest business news from this week that you need to read.
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Binance hires new Singapore CEO
This week, Binance Singapore announced that they appointed Mr Richard Teng as their new chief executive officer (CEO).
Binance Singapore is a cryptocurrency trading platform that offers Singapore citizens and residents trading pairs for Bitcoin, Ethereum and Binance Coin. They also allow for deposits and withdrawals through Xfers Direct, a payment platform.
Binance Singapore is very established and Teng brings to the company a wealth of experience with years behind him at the Monetary Authority of Singapore, Singapore Exchange (SGX), Abu Dhabi Global Market (ADGM) and more.
See also: 4 Things to Know About Richard Teng, Binance Singapore’s New CEO