Caproasia https://validator.w3.org/feed/docs/rss2.html Italy ex-Prime Minister & Billionaire Silvio Berlusconi (Died 2023) with $7 Billion Fortune Family (via Fininvest Group) Sells Italy Sardinia Costa Smeralda 300-Acre Luxury Estate Villa Certosa for $398 Million (€350 Million) to Qatar Ruling Royal Family Sheikh Jassim bin Hamad al Thani (Constellation Hotels Holding) 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 United States $22 Billion Market Prediction Trading Platform Kalshi Adds India to Restricted Jurisdictions & Countries List Which Include China United States $40 Billion Data & Index Company MSCI Buys United States Climate Risk Financial Modeling Company First Street for $120 Million (Exclude Additional Contingents Payments), Founded in 2016 by Matthew Eby UK Financial Conduct Authority (FCA) Issues Censure (Public Reprimand) on Asset Servicing Bank CACEIS UK Which Will Also Make $42 Million (£31.7 Million) Payment to WealthTek Clients for Failing to Monitor WealthTek Accounts Properly as Custodian, Total $75 Million (£57 Million) Payments from CACEIS UK, Sapia Partners & Barclays Bank UK to WealthTek Clients Secured by UK FCA in Last 12 Months Singapore 3 Largest Banks DBS, OCBC & UOB and Payments Group Nets to 1) Increase ATMs, Branches & Cash Points in Singapore by 2027 to be in 500 Metres Range of Every Singapore Public Housing (HDB) Block, and 2) Provide Streamlined Legacy Planning Processes by 2027 Q1 Including Targeted Support for Elderly Customers with Signs of Cognitive Decline Monetary Authority of Singapore (MAS) Chairman Gan Kim Yong (25/6/26): 1) Financial Sector Contributes 14% of Singapore GDP & Employs 200,000 People, 2) Singapore Wealth & Asset Management Industry with $5.2 Trillion (S$6.7 Trillion) AUM in 2025, 3) Singapore is World 3rd Largest Foreign Exchange Hub & Asia 2nd Largest Reinsurance Hub, 4) New Growth Capital Workgroup Setup in 2026, 5) New Gold Clearing System to be Setup by 2026, 6) Singapore MAS Will Provide Vaulting Facilities for Foreign Central Banks & Sovereigns, 7) 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, 8) Future of Finance Institute (FFI) to Accelerate Adoption of New Financial Technologies & Catalyse Innovation in Financial Sectors, 9) ABS, IBF and NTUC Financial and Professional Services Cluster (of Unions) to Help ABS Members Equip Workforce with Critical AI Skills, 10) New Category for Non-Traditional Funds to Help Fund Managers Launch Funds, 11) New Funds Authorization in 3 Weeks Singapore MAS Launches Future of Finance Institute (FFI) to Accelerate Adoption of New Financial Technologies & Catalyse Innovation in Financial Sectors, Initial Focus on Artificial Intelligence (AI) & Tokenisation Hong Kong Exchange (HKEX) to Increase Available Number of Strike Prices for Weekly Stock & Index Options (28/7/26) Which Will Enable More Precise Positioning, Efficient Trading & Price Discovery in Weekly Options, Total of 33 Short-Dated Options Available, Launched in 2026 June with 17 Weekly Stock Options Hong Kong SFC Obtains Worldwide Injunction on $18.7 Million (HKD 146.9 Million) Assets of LET Group & Summit Ascent Chairman & Controlling Shareholder Lo Kai Bong, Ongoing Legal Proceedings for Share Repurchase Order to Protect Independent Minority Shareholders of LET Group & Summit Ascent Due to Alleged Misconduct of Chairman & Controlling Shareholder Lo Kai Bong in Substantial Sale of $116 Million Assets in Russia Flagged on 29th January 2024 Japan $27 Billion Nomura & United States $17 Billion Circle Internet Group Announced Strategic Partnership on Digital Finance Including Instant Settlement Using Stablecoins in Global Markets HKSAR Institutional HKD Government Bonds Tender Results 25th June 2026: $159 Million (HKD 1.25 Billion) 7-Year Bonds Coupon 1.78% with Average Yield at 1.742% HKSAR Institutional HKD Government Bonds Tender Results 25th June 2026 (Reopening): $159 Million (HKD 1.25 Billion) 10-Year Bonds Coupon 3.17% with Average Yield at 3.371% China Corruption: Ex-Head of Financial Market Department at Postal Savings Bank of China (PSBC) Dang Junzhang Sentenced to 12-Year Jail Term for Receiving $1.2 Million Bribes, ex-Chief Investment Officer of WPP Media (Previously GroupM) Media Buy China Unit Di Fei Sentenced to Lifetime Jail Term for Receiving $177 Million Bribes & Kickbacks, WPP Media ex-Employee Yao Lan Sentenced to 14.5-Year Jail Term & WPP Media ex-Employee Hong Xin Sentenced to 4-Year Jail Term, ex-China Wuhan Supervisory Commission Member Xiao Jun Son Xiao Rui Found Guilty in Hong Kong Court of $8.1 Million Money Laundering & Receiving $695,000 Bribes on Behalf Xiao Jun, Deputy Head of China State Administration of Science, Technology and Industry for National Defence Bian Zhigang Investigated for Corruption Sexual Abuse Offender Jeffrey Epstein (Died 2019) Case: Microsoft Billionaire Bill Gates (Age 70) with $105 Billion Fortune 1) Maintained Contact with Jeffrey Epstein after His Sexual Abuse Conviction, 2) Had Relationships & Affairs with 3 Women (Russia Nuclear Physicist Karima Nigmatulina, Medical Entrepreneur Dr Alice Jacobs Nesselrodt, Russia Bridge Player Mila Antonova) France $15 Billion Biopharmaceutical Company Ipsen Billionaire Family 3rd Generation Henri Beaufour (Died 2025 at Age 60, Grandson of & Same Name as Ipsen Founder Henri Beaufour) Bequeathed $4 Billion Fortune to Luxembourg Charity (Alasol Foundation) & Offshore Trust, Both Henri Beaufour & Elder Sister Anne Beaufour (Age 62) with 52% Total Shares (26% Each) Control 2/3 of Ipsen Voting Rights, Ipsen Founded in 1929 by Henri Beaufour United States SEC Reviews Potential Misconduct & Regulatory Breaches for Private Equity Continuation Funds & Vehicles, Used to Extend Duration of Investments Such as Being Unable to Sell Existing Fund Holdings United States $644 Billion Alternative Investment Manager Ares Management Corp Sets 5% of NAV (Net Asset Value) Withdrawal Limit on $11 Billion Flagship Private Credit Fund (Ares Strategic Income Fund) after Receiving 14.4% Redemption Requests, Fund Invests in Senior Secured Floating Rate Loans to United States Companies Bank of America Appoints Head of Asia Pacific Consumer & Retail Investment Banking Dominic Tan with Additional Role as Head of Southeast Asia Investment Banking to Succeed Antonio Puno Who is Relocating to London, Dominic Tan Will Relocate from Hong Kong to Singapore, 19 Years of Investment Banking & Financial Industry Experience at Goldman Sachs, Morgan Stanley & Bank of America (Joined 2020) JP Morgan Appoints Co-CEOs of the Commercial & Investment Bank (CIB) Doug Petno & Troy Rohrbaugh as JP Morgan Co-Presidents (25/6/26) in Succession Planning, Doug Petno Will Also be Sole CEO of Commercial & Investment Bank (CIB) and Troy Rohrbaugh Will be CEO of Consumer & Community Banking (CCB), Current CCB CEO Marianne Lake Will Retire after 25 Years at JP Morgan