Caproasia https://validator.w3.org/feed/docs/rss2.html Hong Kong Exchange Fund Bills Tender Results 7th July 2026 – $9.1 Billion 3-Month Bills Average Yield at 2.51%, $2.5 Billion 6-Month Bills Average Yield at 2.79% 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 United States $1 Trillion Private Markets Investment Firm Hamilton Lane Raised $3.8 Billion for Private Equity Funds in 1) Direct Equity Strategy & 2) Hamilton Lane Equity Opportunities Fund VI to Invest in Middle-Market Buyout Opportunities Latest India Fitness Platform Company Cult.Fit Plans India IPO to Raise $100 Million at $2 Billion Valuation, Founded in 2016 by Mukesh Bansal & Ankit Nagori as Cure.Fit, Investors Include Temasek Holdings, Schroders Capital, Accel, Tata Digital, Kalaari Capital & Chiratae Venture Germany Fusion Energy Startup Proxima Fusion Raised $468 Million (€411 Million) in New Funding Round at $2.7 Billion (€2.4 Billion) Valuation, Founded in 2023 as Spin-Out from Max Planck Institute for Plasma Physics (IPP) by Francesco Sciortino, Lucio Milanese, Jorrit Lion & Martin Kubie, Investors Include XTX Ventures, East X Ventures, RWE, Google, KfW Capital, SPRIND, Burda Principal Investments, Plural, UVC Partners, Balderton, Cherry Ventures, DST Global Partners, Brevan Howard Macro Venture, Lightspeed, DTCF, redalpine, Leitmotif, Elaia, CDP Venture Capital, Bayern Kapital & EIC Fund $337 Billion HSBC Tightens Private Credit Lending Including to Private Credit Funds, HSBC Group Has Not Invested $4 Billion into HSBC Asset Management Private Credit Funds as Announced in 2025, Took $1.3 Billion Charge in 2026 for Credit Losses Including $400 Million for Fraud-Related Credit Exposure to UK Collapsed Mortgage Finance Company Market Financial Solutions (MFS) with $1.7 Billion Shortfall UK Banks to Improve on Providing Basic Bank Accounts (No Fees & No Overdraft) after UK Financial Conduct Authority (FCA) Mystery Shopping Revealed Some Vulnerable Customers (Financial Hardship, No Standard Identification, No Fixed Address) were Directed to Unsuitable Online Applications & Standard Bank Accounts, 9 UK Banks are Required to Offer Basic Bank Accounts (Barclays, The Co-operative Bank, HSBC, Lloyds Banking Group, Nationwide Building Society, NatWest, Santander, TSB & Virgin Money) Prudential Financial Advisers Singapore Appoints Head of Distribution & Prudential 16-Year Veteran Yuting Lim as CEO, Prudential Financial Advisers Singapore Launched in 2023 April to Provide Clients with Holistic Advisory & Wealth Management Services for Affluent & High Net Worth Clients Japan Government Pension Investment Fund (GPIF) with $1.8 Trillion AUM Reports +16.47% Return for 2025 1H & +4.67% Return Since 2001, GPIF Portfolio Performance in 2025: Japan Bonds -5.11%, Foreign Bonds +12.33%, Japan Equities +34.62%, Foreign Equities +27.16%, Portfolio Allocation: Bonds 51.39% & Equities 48.61%, Portfolio Allocation by Region: Japan Bonds 26.91%, Foreign Bonds 24.48%, Japan Equities 23.81%, Foreign Equities +24.80% Hong Kong Announced 9 Gold Trading System Initiatives: 1) Starts Trial Operation for New Central Gold Clearing & Settlement System, 2) Launch of Delivery Connect with Shanghai Gold Exchange, 3) Launch of New HAU as Price Ticker Symbol for Hong Kong OTC Spot Gold Market, 4) Expands Gold Storage Capacity & Refining Capability, 5) Diversify Gold Investment Products, 6) Gold Tax Incentives, 7) Gold Insurance Arrangements, 8) Flexibility of Mandatory Provident Fund (MPF) Investments in Gold Exchange-traded Funds (ETFs) & 9) Setup Gold Industry-Led Trade Association Japan $28 Billion Sumitomo Mitsui Trust Bank to Buy 15% Stake in New Zealand $30 Billion Mid-Market Infrastructure Investment Manager Morrison & $2 Billion Strategic Partnership with 1) Sumitomo Mitsui Trust Bank to Invest $500 Million into Morrison Global Private Market Strategies (Core Plus & Value-add) and 2) $1.5 Billion Long-Term Partnership to Raise 3rd-Party Capital for Both Parties Infrastructure Investment Products in Home Markets & Develop New Infrastructure Investment Products for Japan & Global Investors, Morrison Founded in 1988 by Lloyd Morrison Latest Latest Vietnam $2 Billion Fintech MoMo Receives Bid Interests from Blackstone, CVC Capital Partners & Japan Largest Bank $253 Billion Mitsubishi UFJ Financial Group (MUFG), Exploring Strategic Options Including to Raise New Funding at $2 Billion Valuation, Founded in 2010 by Nguyen Manh Tuong & Nguyen Ba Diep United States Quantitative Trading Firm Susquehanna to Pay $86,000 ($8,600 Per Week / $34,400 for 4 Weeks) to Interns for 2027 Summer 10-Week Quantitative Systematic Trading Internship Program (Starts 2027 June) in New York or Philadelphia Office, Interns Will Receive Signing Bonus, Housing, Breakfast & Lunch, Internship Program Open to Masters Students (Penultimate or Final Year) in Quantitative Fields Including Mathematics, Physics, Statistics, Electrical Engineering, Computer Science, Operations Research or Economics, Programmers Comfortable Processing & Analyzing Large Data Sets in Python, Experience with C++ (or Another Low-Level Language) Hong Kong & China Announced 11 New Measures to Develop Fixed Income, Currency & Offshore RMB: 1) China & Hong Kong to Develop Hong Kong Electronic FIC Trading Platform, 2) Enhance & Expand Southbound Bond Connect (Investment Quota, Bond Repurchase Using Southbound Bond Connect Bonds as Collateral, HKD Bonds & RMB Bonds as Underlying Assets, Connect to Macao Bond Market, Enhance Market Makers), 3) Onshore Bonds Under Northbound Bond Connect as Eligible Margin Collateral, 4) Northbound Bond Connect Settlement Time & Efficiency, 5) Swap Connect to Include 7-Day Fixing Depository-Institutions Repo Rate (FDR007) as Reference Rate, 6) Support HKEX Launch of 5-Year China Government Bond Futures in Hong Kong in 2026 August, 7) Increase HKMA’s RMB Business Facility from RMB 200 Billion to RMB 500 Billion & Add Tenors 9-Month, 2-Year & 3-Year in 2026 July (10/7/26), 8) New Tendering Mechanism for 7-Day Offshore RMB Liquidity, 9) New Offshore RMB Short-Term Debt Instruments to Build Offshore RMB Yield Curve, 10) Develop Bilateral Currency Transaction Framework Between Indonesian Rupiah & Offshore RMB, 11) Issue Good Practices to Banks to Promote RMB Adoption Singapore Management University (SMU) Launches New Research Initiative Singapore Capital Markets Initiative (SCMI) to Advance Research, Policy Dialogue & Talent Development in Law & Finance Focusing on Singapore & Asia, Research Agenda Covers Equity & Debt Capital Markets, Venture Capital & Private Equity, Private Credit & Alternative Finance, Corporate Governance & Investor Protection, Financial Regulation & Market Infrastructure and Role of Emerging Technologies Shaping Future of Capital Markets, Led by Professor Aurelio Gurrea-Martínez with Law Faculty Professor Dan Puchniak & Assistant Professor Nydia Remolina Singapore MAS to Launch New Corporate Structure (Protected Cell Company, PCC) to Allow Assets & Liabilities to be Ring-Fenced Within Individual Cells under Single Core Entity to Scale Alternate Risk-Transfer Solutions Hong Kong Hedge Fund & Private Wealth Management Firm Atlas Capital Asset Management Appoints ex-DBS Hong Kong Head of Institutional Banking Group & Alternate Chief Executive Alex Cheung Kin-Sang as Strategic Advisor, 41 Years Institutional Banking, Corporate Banking & Financial Industry Experience at DBS, OCBC, Rabobank, ABN AMRO Bank, Citigroup, Westpac & Bank of America and Held Senior Roles Including as Head of Institutional Banking Group, Head of Corporate Banking, Head of Middle Market, Head of Credit Risk Management, Regional General Manager & Alternate Chief Executive, Atlas Capital Asset Management Founded in 2019 by Terry Chan, Kin C. Cheung (Previously J. Safra Sarasin, BNP Paribas, DBS Private Bank, RBS Coutts, Banco Santander, UBS & Merrill Lynch) Canada $1.1 Trillion RBC Wealth Management Hires UBS Thomas Jost as Head of Financial Intermediaries Desk Asia, 25 Years Private Banking & Financial Industry Experience at UBS, Credit Suisse, VP Bank, EFG Private Bank & Julius Baer and Held Senior Roles Including as Head of Department for Financial Intermediaries APAC, Head of IAM Business Development & Market Head Australia HSBC Appoints 14-Year Veteran Nicholas Elias as Head of Wealth Platforms, Wealth and Premier Solutions Based in London (15/8/26) with Responsibilities to Embed AI (Artificial Intelligence) into HSBC Wealth Platforms & Services, Scale Wealth Intelligence & Lead Wealth Transformation Programme to Build Future-Proof Wealth Business Model, Joined HSBC in 2012 in HSBC Executive Management Graduate Program and Held Senior Roles Including as Head of Corporate & International Banking (HSBC Malta), Head of Product for Wholesale Banking and Global Head of CRM & Frontline Transformation for HSBC Corporate and Institutional Banking (CIB) China Corruption: Ex-Head of Discipline Inspection Group at Civil Aviation Administration of China (CAAC) Liang Chaoping Surrenders for Corruption Investigation Latest Latest