Caproasia https://validator.w3.org/feed/docs/rss2.html 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 Latest Latest Latest Latest Latest France Billionaire LVMH Chairman & CEO Bernard Arnault (Age 77) & Wife with $170 Billion Fortune to Pay $26 Million (€22.5 Million) in Additional Taxes after France Court Ruling on Tax Payments for 2 Tax Periods (2010, 2012 to 2015), Bernard Arnault to Appeal Ruling China Guangzhou Futures Exchange (GFEX) Launches Lithium Carbonate Futures & Options to All Foreign Investors (Effective 3/7/26) Which Will Allow Foreign Companies to Hedge Lithium Carbonate, Foreign Investors Allowed to Use USD as Margin Collateral China Financial Regulator Placed Wuhan-Based Z-Bank in 1-Year Administration (Starts 3/7/26) Due to Severe Credit Risks, China State-Owned Hankou Bank Will Assume Full Management, Z-Bank Banking Services to Continue Operations, Personal Account Deposits are Protected & Corporate Accounts are Protected under Existing Guarantee Plan, Z-Bank Founded in 2017 France Banking Group Societe Generale Hires Nomura Head of M&A Advisory APAC ex-Japan Pei Shen Chou as Head of Mergers and Acquisitions Asia Pacific, 29 Years of Investment Banking and M&A Experience at Nomura, UBS, Deutsche Bank, HSBC & Dresdner Kleinwort Wasserstein in Hong Kong, London & New York Germany $1.2 Trillion Asset Manager DWS Hires LaSalle Investment Management JB Park as Head of Alternatives Client Coverage for APAC Based in Singapore, 21 Years of Alternatives, Real Estate & Financial Industry Experience at Morgan Stanley, Lehman Brothers, Standard Chartered Bank & LaSalle Investment Management Barclays Private Bank Hires Bank of Singapore Team Head for Global South Asia Nikhil Jha as Head of Non-Resident Indian (NRI) in Singapore, 22 Years Private Banking Experience at Bank of Singapore, Barclays, Deutsche Bank & Kotak Mahindra Bank, Nikhil Jha (Barclays Private Banker) Joined Bank of Singapore in 2016 Following Bank of Singapore Acquisition of Barclays Asia Private Wealth Management Business in 2016 Hong Kong SFC Issues 9-Month Suspension on Yuanta Securities ex-Representative Wong Tim Hi (Timmy Wong) Following Investigation on Market Manipulation Involving Ching Lee Holdings in 2016 & 2017, Wong Tim Hi (Timmy Wong) Allowed Unauthorized Involvement in Operating Clients Accounts & Disclosed Clients Information Without Authorization, Hong Kong Court Sentenced 3 Individuals to 4 to 6 Years Jail Term for Manipulating Shares of Ching Lee Holdings & Generating $15.9 Million of Profit in 2016 United States Billionaire & Music Star Taylor Swift (Age 36) with $2 Billion Fortune & National Football League (NFL) Kansas City Chiefs Star Travis Kelce (Age 36) with $80 Million Fortune Officially Married & Held Grand Wedding (3/7/26)at New York Madison Square Garden (Primary Home to NBA Basketball Team New York Knicks & NHL Hockey Team New York Rangers) United States $130 Billion Real Estate Investment Firm Starwood Capital Raised $10.2 Billion for 13th Opportunistic Real Estate Fund (Starwood Distressed Opportunity Fund XIII) to Invest in Real Assets (Residential, Data Center, Industrial & Hospitality) in United States, Europe & APAC Billionaire & Google (Alphabet) Co-Founder Sergey Brin (Age 52) with $270 Billion Fortune via Amphitheatre LLC Sells $79 Million of Investment in New York City Multifamily Real Estate Fund at Only 6% of Original Equity Investment Back to A&E Real Estate UK Billionaire Michael Platt with $20 Billion Fortune Now-Family Office & ex-Hedge Fund BlueCrest Capital Management Lost $272 Million (£200 Million) UK Employee Classification Tax Appeal Lawsuit Against UK Tax Authority (HMRC), UK Supreme Court Unanimously Dismissed Appeal, UK Tax Authority (HMRC) Classified BlueCrest Capital Management Partners as Employees with Payments to Partners were Actually Salary & Not Based on Profit / Loss United States Investment Bank Jefferies Files Lawsuit Against United States Regional Bank Western Alliance for Freezing $25 Million Deposit in Point Bonita Capital, Western Alliance Filed Lawsuit in 2026 March Against Jefferies Financial Group & Unit Leucadia Asset Management (Point Bonita Capital) for $126.4 Million Loan Linked to United States-Based Automotive Parts Company Bankrupt First Brands Group with $11.5 Billion Debts Switzerland $667 Billion Private Bank Hires ex-KPMG 20-Year Veteran & Standard Chartered Bank Deputy CFO Peter Burrill as Chief Financial Officer (CFO) to Succeed Evie Kostakis Who is Departing, Peter Burrill Has 33 Years of Audit, Finance & Financial Industry Experience at KPMG, Deutsche Bank & Standard Chartered Bank India Healthcare Group Manipal Health ‌Enterprises (Manipal Hospitals) India IPO to Raise $1.2 Billion at $12 Billion Valuation with Target IPO Listing in 2026 July / August, Founded in 1991 & Originated in 1953, Shareholders Include TPG, Temasek, Manipal Education and Medical Group India, Ammar Sdn Bhd, Novo Holdings Invest Asia, Phoenix Bear Investments & Seventy Second Investment Company China Retail Giant $1.7 Billion Suning.com Sells France Hypermarket Carrefour China Operating Entity (Cacious China Holdings) for Only $295,000 (CNY 2 Million) to Hong Kong Company (HK Express World International), Suning.com Agreed to Pay $30.6 Million Settlement in 2025 to Carrefour China to Resolve Dispute in 2019 Acquisition of France Hypermarket Carrefour Stores in China for $668 Million (CNY 4.8 Billion) Singapore MAS Issues 10-Year Ban on ex-AXA Insurance Agent Andrew Tiew Siew Ing for Inducing Customer to Transfer $440,000 (S$570,000) for Fictitious Investment Plans from 2018 to 2019, Sentenced to 2-Year & 8-Month Year Jail Term (32 Months) in 2024 by Singapore Court for Cheating, AXA Insurance Singapore Acquired by HSBC Life Singapore in 2023 South Korea to Launch 24-Hour Currency Trading in 2026 July (6/7/26), New Rules for Offshore Transactions by 2026 September, Target Upgrade to Developed Market Status (MSCI Criteria) China Brokerage Guotai Haitong Securities Receives China Regulatory Approval to Trade Offshore CNY (Effective 6/7/26) in Shanghai Free Trade Zone (Previously Only Commercial Banks Allowed to Transact Offshore CNY), Offshore CNY Trades Include Spot, Forwards, Swaps & Options China Corruption: Ex-Executive Deputy Director of China Jiangsu Province Nanjing Development Zone Administrative Committee Yang Youlin Sentenced to Death for Receiving $325 Million Bribes from 2013 to 2023, Embezzlement, Abuse of Power & Money Laundering