China to issue $45 billion in bonds to recapitalize major banks, insurers
China to issue $45 billion in bonds to recapitalize major banks, insurers
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Dunstone ownership changes at Purplebricks parent Strike
Changes to the ownership structure of Purplebricks parent company Strike have emerged following Companies House filings, alongside overdue annual accounts for both entities. Charles Dunstone, the billionaire founder of Carphone Warehouse, is no longer listed personally as a person of significant control at Strike, according to documents filed yesterday. Instead, his investment vehicle Freston Ventures…
SEC Charges Former Executives With Fraud in Connection With $1.9 Billion Collapse of Subprime Auto Lender Tricolor
The Securities and Exchange Commission today charged Daniel Chu, Jerome Kollar, and Ameryn Seibold, the former CEO, CFO, and Senior Director of Finance, respectively, at Texas-based Tricolor Holdings, LLC, for their roles in an alleged multi-year scheme to defraud investors by double pledging hundreds of millions of dollars of subprime auto loans to multiple asset-backed…
EXCL: Chris Evans Sells Los Angeles Home for $1 Million Below Asking Price
“Captain America” star Chris Evans has taken a $1.01 million hit on his palatial Los Angeles mansion, selling the property for $5.38 million as he bids farewell to California and makes his move to the East Coast. The 45-year-old actor initially listed the dwelling for $6.99 million in May 2025. But after it lingered on…
A third of banks do not maintain logs for GenAI models
A third of banks do not maintain logs for GenAI models – Risk.net Skip to main content End of drawer navigation content Risk Benchmarking study finds few banks review prompt logs systematically, with larger firms focusing on higher risk use-cases This piece is part of a series benchmarking bank model risk management practices. Sign up…
Start at 45, Retire at 55: The Late Starter’s Rental Playbook
If you’re in your 40s, or even 50s, and think it’s too late to build a comfortable retirement, think again. We’ve done the math, we’ve crunched the numbers, and we’ve run the playbook ourselves—using rental properties, you can replace a significant portion of your income in just around a decade. Today, we’re sharing the exact…
Home Prices Are Falling the Fastest in These Cities
While the U.S. housing market cools down and enters a seasonal late-summer transition, price drops are hitting some metropolitan areas much harder than others—and it might not be where you think. High mortgage rates and shifting local supply-and-demand dynamics have driven down list prices across the country, though more slowly in August than in previous…
