Caproasia https://validator.w3.org/feed/docs/rss2.html UK $91 Billion Barclays Bank Buys 999-Year Leasehold Interest in Barclays Global Headquarters in UK London 32-Storey One Churchill Place at Canary Wharf for $994 Million (£750 Million) from Europe Real Estate Company CWG, Barclays Current Lease at One Churchill Place Runs Till 2039 (HQ Since 2005) Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Singapore 2nd Largest Bank $86 Billion OCBC to Launch New Wealth App (OCBC WoW) with 24/7 Advisors Using Digital Avatars & to Hire 600 Relationship Managers for Consumer Banking in Next 3 Years, OCBC WoW Beta Version Will be Released to Select Group of OCBC Employees & OCBC Premier Private Client Customers (At Least S$1.5 Million / $1.2 Million AUM) Latest UK $71 Billion Banking Group NatWest (National Westminster Bank) Received $332 Million (£250 Million) Lawsuit by Rockfire Group & Rockfire Investment Finance Liquidators for Unauthorized Payments by NatWest Subsidiary Royal Bank of Scotland, Thurrock Council Bankrupt in 2022 after Investing $834 Million into Liam Kavanagh Solar Farm for Regular Payouts & Profits Secured Against Solar Farms, Used $38 Million to Buy Private Jet, Yacht, Bugatti Supercar & Luxury Goods, UK Thurrock Council Claims UK & Dubai Businessman Liam Kavanagh Misappropriated $193 Million from Investment Taiwan 2nd Largest Financial Group $46 Billion Cathay Financial Holding Issues Ban on Senior Executives in Selected Departments (Banking, Asset Management, Life Insurance & Securities) from Holding External Directorships or Concurrent Positions (Exceptions for Appointments Necessary to Cathay), President Lee Chang-ken Issues Apology, Cathay United Bank Chairman Kuo Ming-jian Resigns, Cathay Securities Investment Trust to Pay $15 Million in Compensation to 50,500 Investors Hong Kong Exchange (HKEX) Implements Changes to Board Lot Units in 2 Phases (Effective 2/7/26) for Securities Trading: 1) Reduce Board Lot Units from 40+ to 8 Options (1, 50, 100, 500, 1000, 2000, 5000 & 10000 Shares) Which Will Require Around 25% Listed Issuers to Make Changes, 2) Decrease Board Lot Value Floor to HKD 1,000 from HKD 2,000 and 3) New Board Lot Value Ceiling of HKD 50,000 for Board Lot Units Larger than 100 Shares Singapore 3rd Largest Bank $51 Billion UOB Starts Development of $450 Million Dedicated Headquarters 36-Storey Office Tower (UOB Plaza HCMC) in Vietnam Ho Chi Minh City Vietnam International Financial Centre (VIFC-HCMC) with Earliest Launch in 2028 (Original 2030), UOB Will Have 5 Headquarters in Southeast Asia (Vietnam, Singapore, Malaysia, Indonesia & Thailand) United States Investment Management Firms $34 Billion Brevan Howard & $26 Billion TowerBrook Capital Partners Paid ex-UK Prime Minister (2022 to 2024) & Now-Goldman Sachs Senior Advisor Rishi Sunak $264,000 (£200,000) to Give Speeches UK $1.1 Trillion Asset Manager Schroders to Sell Financial Planning Unit Benchmark Capital for $265 Million (£200 Million) to Sweden Financial Advisory & Investment Solutions Group Söderberg & Partners Singapore 2nd Largest Bank $86 Billion OCBC Announced New Processes to Simplify Estate Administration and Closure of Bank & Investment Accounts after Death of Customer, 1) Estate Executors & Administrators Can Provide Instructions via Single Form (Deceased Estate Form), 2) Allow to Manage Investment Holdings Without Need to Time the Market, 3) Only 1 Branch Visit Required to Close All Bank Accounts & Investment Accounts for Most Cases, 4) Enhanced Website to Guide Estate Executors & Administrators, and 5) OCBC Accounts Can be Closed Online by End of 2026 HSBC Private Bank Hires DBS Private Bank Senior Market Head Gloria Sun as Market Head of Offshore Taiwan (13/7/26), 20 Years Private Banking & Financial Industry Experience at DBS Private Bank, Deutsche Bank, The Bank of East Asia & ABN AMRO Bank and Held Senior Roles Including as Head of Private Banking & Market Head Greater China Latest Latest China Corruption: Ex-Vice Chairman of China Henan Provincial People’s Congress Standing Committee Liu Mancang Sentenced to Lifetime Jail Term & Confiscation of All Assets for Receiving $47 Million Bribes Hong Kong Exchange Fund Bills Tender Results 30th June 2026 – $8.9 Billion 3-Month Bills Average Yield at 2.49%, $2.6 Billion 6-Month Bills Average Yield at 2.79%, $637 Million 12-Month Bills Average Yield at 2.86% South Korea $6 Billion Investment Bank & Brokerage Mirae Asset Securities Received No Allocation in $85.7 Billion Raise for SpaceX $1.77 Trillion IPO Reported Due to Miscommunications Between Mirae Asset Securities & Underwriters, Mirae Asset Securities Replied in Email for Clients’ Orders But Email is Only for Expression of Interest & Not for Actual Order Placement, Actual Order Email was Sent Separately, Mirae Asset Securities Marketed $300 Million SpaceX Placement to Investors & Fully Subscribed, Mirae Asset Securities is SpaceX IPO Underwriter Big 4 Audit Firm EY Fires Newly-Hired 2026 March Employee Paul Issa (Age 21) for Unauthorized Access to Australia Prime Minister Anthony Albanese Personal Bank Account & 1 EY Partner Personal Bank Account During Secondment to Australia Commonwealth Bank, Both Paul Issa & Elder Brother Philip Issa (Age 25) Charged in Australia Court for Unauthorized Access ASIFMA 2026 Asia-Pacific Capital Markets Survey: Top 8 APAC Markets for Ease of Doing Business are Singapore, Hong Kong, Australia, Japan, India, Taiwan, China Mainland & South Korea, Top 11 Product & Service Lines to Expand are Equities, Fixed Income, FX, Asset Management, ESG & Sustainability, Wealth Management, Investment Banking, Prime Brokerage, Commercial / Corporate / Institutional Banking, Commodities & Custody / Securities Services Singapore 2nd Largest Bank OCBC Insurance Subsidiary $6 Billion Great Eastern (Great Eastern Financial Advisers) Receives Singapore MAS Regulatory Approval to Provide Advisory on Securities & Structured Products Offered via OCBC Private Banking Subsidiary Bank of Singapore, Great Eastern Financial Advisers Launched in 2011 & Has Over 1,000+ Financial Consultants Switzerland $955 Billion Pictet Wealth Management Newly Hired UBS 20-Year Veteran Regional Chief Investment Officer (CIO) Kelvin Tay Starts Role as Chief Investment Officer Asia (1/7/26), 30 Years Research, Investment, Private Banking & Financial Industry Experience Including at Deutsche Bank, JP Morgan, ABN AMRO & UOB (Overseas Union Bank) Billionaire Ken Griffin $67 Billion Hedge Fund Citadel Quant Research Lead Paul Dou Launches New Hong Kong-Based Quant Hedge Fund Third Epsilon with Anchor Investment of Up to $1 Billion by United States $89 Billion Hedge Fund Millennium Management Which Allocates Funding to New Hedge Funds Including $3 Billion to KR Capital (ex-Marshall Wace Ravi Naresh), $1.2 Billion to Optimas Capital Management (ex-Bank of America Merrill Lynch & Credit Suisse Thomas Wong), $1.5 Billion to Aeonea (ex-Goldman Sachs, Morgan Stanley, Balyasny Asset Management & BFAM Partners Robert Tau) & $1 Billion to Nexus Commodities Capital Management (ex-Goldman Sachs Qin Xiao) Top 20 Companies in the World by Market Capitalization in 2026 – June Latest Latest