China Court Sentenced Neo Capital Founder Peng Tie to Jail for Life for Misappropriating $14.2 Billion of Deposits from 1.3 million Clients & Fraudulently Raised $1.24 Billion, Setup Wealth Management & Peer-to-Peer Lending Platform in 2013 14th J

  By NB  Jul 16, 2023

China Authorities Issued Concerns of Banks Using Live-Streaming Platforms to Sell Financial Products Offering Low-Interest Rate Loan or Interest Rate Waiver, Banks Doing Live-Streaming Includes China CITIC Bank, Bank of Ningbo, Ant Group MYbank & Tenc

  By NB  Jul 16, 2023

United States SEC Amends $6 Trillion Money Market Funds Rules, Prohibits Suspension of Money Market Funds Redemptions to Protect Investors and to Require Charging of Liquidity Fees if Daily Net Redemptions Exceeds 5% of Net Assets 14th July 2023 | Ho

  By NB  Jul 16, 2023

China Merchants Capital Offers $3.4 Billion to Buy China Data Center Services Chindata, Bain Capital Largest Shareholder of Chindata with 42% Shareholdings & 87% Voting Rights Rejects Offer & Had Submitted Proposal to Take Chindata Private in June

  By NB  Jul 16, 2023