
The Italianate at Malibu Valley
Sited within the gates of Malibu Valley Estates, this newer-construction Mediterranean estate features breathtaking panoramic views, soaring 12-20 ft+ ceilings, imported finishes and fixtures, the utmost in security, privacy, smart-home innovation, and luxurious living by one of Southern California's most meticulous builders. Designed with no expense spared and set behind a second set of gates within this exclusive 26-estate community enclave, 'The Italianate' features a bespoke and grand open floor plan with over 7,000 sq ft of living space on just over two acres of land, six luxuriously appointed en-suite bedrooms and world-class amenities.
Location: 26769 Mulholland Highway, Calabasas 91302
Asking Price: $8,450,000
Year Built: 2017
Living Area: 7,036 square feet, 6 bedrooms, 8 bathrooms
Features: Open floor plan; professional-grade La Cornue and Gaggenau appliances; Carrara countertops; oversized island with breakfast bar; sparkling pool and spa; outdoor fountains; 4-car garage and expansive motor court
Contact: Sotheby's International Realty
Neyshia Go310.882.8357neyshia@neyshiago.comwww.neyshiago.comDRE#: 01933923
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Forbes
a day ago
- Forbes
Israel Strikes Iran—U.S. Moves Military Resources In Middle East (Live Updates)
The United States moved multiple missile destroyers closer to the Middle East to be ready for possible use, the Associated Press reported, one day after Israel launched major military strikes against Iran and killed several top military officials and nuclear scientists. June 13, 9:30 a.m. EDTThe United States is moving military resources, including multiple missile destroyers, toward the eastern Mediterranean Sea so they can be available for use, multiple U.S. officials told the Associated Press, who also said President Donald Trump is meeting with the National Security Council to discuss the situation. 9:00 a.m. EDTTrump said in an interview with the Wall Street Journal he was aware of the strikes on Iran ahead of time, stating when asked whether the United States was given a heads-up on the attack: 'Heads-up? It wasn't a heads-up. It was, we know what's going on,' adding he spoke with Israeli Prime Minister Benjamin Netanyahu on Thursday and plans to speak with him again Friday. 6:30 a.m. EDTTrump said on Truth Social he gave 'Iran chance after chance to make a deal…but no matter how hard they tried, no matter how close they got, they just couldn't get it done.' Trump touted the lethality of U.S. weapons systems and appeared to signal Israel will be receiving more of them, saying: 'the United States makes the best and most lethal military equipment anywhere in the World, BY FAR, and that Israel has a lot of it, with much more to come - And they know how to use it.' The president appeared to blame Iranian hardliners for stalling the deal, and said: 'They are all DEAD now, and it will only get worse,' before he suggested that further attacks will be 'more brutal.' Trump then urged Iran to 'make a deal, before there is nothing left, and save what was once known as the Iranian Empire.' June 13, 5 a.m. EDTGlobal crude oil prices jumped sharply while U.S. stock futures fell early on Friday with the global benchmark Brent Crude Futures index briefly touching $78 per barrel before settling at $74.40—up more than 7% from the previous day. The U.S.'s West Texas Intermediate benchmark also surged by more than 7.5% to nearly $73.20 a barrel. 2:30 a.m. EDTThe Iranian foreign ministry issued a statement where they appeared to dismiss Secretary of State Marco Rubio's comments about Israel acting unilaterally, without U.S. support. The statement said, 'the acts of aggression against Iran could not have been carried out without the coordination and approval of the United States.' The foreign ministry also appeared to threaten retaliation against the U.S. saying: 'the US government, as the primary patron of this regime, will also bear responsibility for the dangerous repercussions of the Zionist regime's reckless actions.' 1.40 a.m. EDTIn an announcement on state television, Iranian officials said they will will not participate in Sunday's nuclear talks with the U.S., which was scheduled to take place in Oman. Citing unnamed sources, the New York Times reported a short while ago that President Donald Trump's Middle East envoy, Steve Witkoff, was still planning on attending Sundays' talks and the president also told Fox News' Bret Baier that: 'We'll hopefully get back to the negotiating table.' 1.30 a.m. EDTIranian authorities have informed the International Atomic Energy Agency (IAEA) that its 'Bushehr Nuclear Power Plant has not been targeted and that no increase in radiation levels has been observed at the Natanz site,' the agency's chief said. 1.20 a.m. EDTFox News anchor Bret Baier said he spoken with President Donald Trump who told him he 'was aware of Israel's action before it happened,' and reiterated his stance that 'Iran cannot have a nuclear bomb.' The Wall Street Journal previously reported that Trump told Netanyahu on Monday to not bomb Iran as he wanted see the ongoing talks progressed before using military options. 1.15 a.m. EDTIsraeli military officials said Iran has launched around 100 drones at Israel in the last few hours, in the first wave of counter attacks. The officials said the IDF is working to shoot down the drones, which will to take several hours to reach Israel. 1.10 a.m. EDTThe Israeli Defense Forces corroborated Iranian news reports that Mohammad Bagheri, the Chief of Staff of the Iranian Armed Forces was also killed in the strikes, along with the head of the Islamic Revolutionary Guard Corps, Hossein Salami. The IDF claimed that the strikes were carried out by more than 200 fighter jets, targeting various sites across Iran. 12.20 a.m. EDTIn a televised statement, Israeli Prime Minister Benjamin Netanyahu said the strikes on Iran had been 'very successful' and added: 'We struck the senior command, we struck senior scientists that advance development of nuclear weapons, we struck nuclear installations.' Netanyahu, however, urged Israelis to brace for retaliation by Iran, noting that they may have to spend 'far longer periods in bomb shelters than we were accustomed to until now.' June 12, 11.45 p.m. EDTIn a statement issued to state media, Iran's Supreme Leader Ali Khamenei decried the strikes, calling them 'evil,' and warned that Israel 'should expect a severe the powerful hand of the Islamic Republic will not let them go.' Khamenei also hailed the nuclear scientists and military officials killed in the attacks, calling them 'martyrs.' Khamenei's statement did not mention the U.S. and said the successors and colleagues of the scientists and military leaders killed in the attack will take over their roles. 11.20 p.m. EDTAn Iranian military spokesperson, Brigadier General Abolfazl Shekarchi, told the country's media that the overnight strikes damaged residential buildings and claimed that the Israeli attack had been 'carried out with U.S. support,' even as Washington has denied involvement. Shekarchi added that the Israeli strikes will be met with a 'heavy response,' although he did not say if U.S. interests or forces in the region will be targeted. 11 p.m. EDTThe IAEA's Director General Rafael Grossi confirmed that Iran's Natanz nuclear sites was targeted by the Israeli strikes and said: 'The Agency is in contact with Iranian authorities regarding radiation levels. We are also in contact with our inspectors in the country.' 10:30 p.m. EDTIranian state media said the commander in chief of Iran's Revolutionary Guards, Gen. Hossein Salami, was killed in the Israeli strikes, along with Gen. Gholamali Rashid, the deputy chief of staff of the Iranian military. State media reports added that two prominent nuclear scientists, Fereydoun Abbasi, the former head of the Atomic Energy Organization of Iran, and Mohammad Mehdi Tehranchi were also killed in the strikes. 10 p.m. EDTSirens blared across Israel on Thursday night as the country's defense minister Israel Katz declared a state of emergency in the country saying: 'Following the State of Israel's preemptive strike against Iran, a missile and drone attack against the state of Israel and its civilian population is expected in the immediate future.' 9:15 p.m. EDTSecretary of State Marco Rubio said in a statement the U.S. is not involved in the strikes and urged Iran to not target U.S. interests or personnel. 9 p.m. EDTIsraeli Prime Minister Benjamin Netanyahu said Israel had launched strikes to target Iran's main nuclear enrichment facility and its nuclear scientists, claiming that the Iranian nuclear program posed 'a danger to Israel's very survival.' Netanyahu also claimed the attacks were meant to stop Iran 'buying for time' in its ongoing nuclear talks with the United States, while praising President Donald Trump's 'leadership.' Get Forbes Breaking News Text Alerts: We're launching text message alerts so you'll always know the biggest stories shaping the day's headlines. Text 'Alerts' to (201) 335-0739 or sign up here. Secretary of State Marco Rubio announced that Israel had taken 'unilateral action against Iran,' and the U.S. was not involved in the strikes. He said: 'Israel advised us that they believe this action was necessary for its self-defense.' Rubio then said all necessary steps were being taken to protect U.S. forces in the region and added: 'Let me be clear: Iran should not target U.S. interests or personnel.' Earlier on Thursday, President Donald Trump wrote on his Truth Social platform that the U.S. remained committed to a 'Diplomatic Resolution to the Iran Nuclear Issue,' adding that 'My entire Administration has been directed to negotiate with Iran. They could be a Great Country, but they first must completely give up hopes of obtaining a Nuclear Weapon.' In a post on X, House Speaker Mike Johnson, R-La., wrote: 'Israel IS right—and has a right—to defend itself!' Sen. Chris Murphy, D-Conn., criticized the strikes saying: 'Israel's attack on Iran, clearly intended to scuttle the Trump Administration's negotiations with Iran, risks a regional war that will likely be catastrophic for America and is further evidence of how little respect world powers - including our own allies - have for President Trump.' Sen. Jack Reed, D-R.I. also called out the attacks, saying: '"Israel's alarming decision to launch airstrikes on Iran is a reckless escalation that risks igniting regional violence. These strikes threaten not only the lives of innocent civilians but the stability of the entire Middle East and the safety of American citizens and forces.' The attack comes a day after several U.S. embassies in the Middle East were evacuated over 'heightened security risks' in the region. President Donald Trump, who has opposed immediate military action against Iran in hopes a nuclear deal could be reached, said Thursday afternoon, prior to the strike, 'it looks like something could very well happen' and that the U.S. was "fairly close' on a nuclear agreement. Trump also said an attack by Israel 'could blow' a potential agreement, noting there is a 'chance of massive conflict." Will Israel Strike Iran? Trump Evacuates 4 Middle East Embassies As Fears Grow (Forbes) An Israeli military official says his country targeted Iranian nuclear sites (Forbes)
Yahoo
2 days ago
- Yahoo
BNP Paribas SA : 2025 MREL requirements notification
2025 MREL REQUIREMENTS NOTIFICATION PRESS RELEASE Paris, 12 June 2025 The BNP Paribas Group has received the notification by the Autorité de Contrôle Prudentiel et de Résolution (ACPR), implementing the decision of the Single Resolution Board, of the updated Minimum Requirement for Own Funds and Eligible Liabilities (MREL) requirements applicable from this date. The total MREL requirement applicable now amounts to 22.19% to which the CBR1 must be added, of the Group's RWA and 5.91% of the Group's leverage exposures. As regards the subordination constraint, the requirement applicable for the BNP Paribas Group is respectively 14.78% to which the CBR1 must be added, of Group's RWA and 5.75% of the Group's leverage exposures. As at 31 March 2025, the BNP Paribas Group is well above the updated MREL requirements with a total MREL ratio of 29.8% based on Group's RWA and a Group subordinated MREL ratio of 27.1% on the same basis. These ratios were respectively 9.0% and 8.2% of Group's leverage exposures as at 31 March 2025. About BNP Paribas Leader in banking and financial services in Europe, BNP Paribas operates in 64 countries and has nearly 178,000 employees, including more than 144,000 in Europe. The Group has key positions in its three main fields of activity: Commercial, Personal Banking & Services for the Group's commercial & personal banking and several specialised businesses including BNP Paribas Personal Finance and Arval; Investment & Protection Services for savings, investment and protection solutions; and Corporate & Institutional Banking, focused on corporate and institutional clients. Based on its strong diversified and integrated model, the Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporates and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, BNP Paribas has four domestic markets: Belgium, France, Italy and Luxembourg. The Group is rolling out its integrated commercial & personal banking model across several Mediterranean countries, Türkiye, and Eastern Europe. As a key player in international banking, the Group has leading platforms and business lines in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. BNP Paribas has implemented a Corporate Social Responsibility approach in all its activities, enabling it to contribute to the construction of a sustainable future, while ensuring the Group's performance and stability. Press contact Sandrine Romano – – +33 6 71 18 23 05Hacina Habchi – - +33 7 61 97 65 20 1 Combined Buffer Requirement of 4.78% as at 31 March 2025 Attachment 2025 MREL REQUIREMENTS NOTIFICATIONSign in to access your portfolio


Business Wire
2 days ago
- Business Wire
ZD Jasper Selects Brilliant Smart Home System as a Standard Amenity for New VITA Condominium Development
SAN MATEO, Calif.--(BUSINESS WIRE)--ZD Jasper, a leading New York based developer specializing in mixed-use residential buildings, chose Brilliant Smart Home System as the standard for its new 121 unit VITA development in the Hudson Yards area of New York City. Designed to align with the demands of modern living and sustainability, VITA is a fully electric property redefining energy efficiency in urban development. In 2022, it received the NYSERDA Buildings of Excellence Award for its low carbon design that prioritizes the well-being of residents. 'Based on positive feedback from prospective buyers, homeowners and our sales team, we brought the Brilliant Smart Home System into VITA', says Susan Wu, Chief Operations Officer at ZD Jasper. Share To fully realize this vision of sustainable, connected living, ZD Jasper has integrated Brilliant into the units—bringing residents seamless smart home control over lighting, climate, and energy-saving features, all through one intuitive system. A Perfect Blend of Smart Technology and City Living Recognizing the value of cutting-edge technology, ZD Jasper began incorporating smart tech solutions into their developments over five years ago to enhance buyer appeal. After evaluating numerous systems, Brilliant emerged as the clear choice given its sleek design, seamless integration across devices, and user-friendly functionality. 'Based on positive feedback from prospective buyers, homeowners and our sales team, we brought the Brilliant Smart Home System into VITA,' says Susan Wu, Chief Operations Officer at ZD Jasper. 'It aligns perfectly with our values of connected and healthy living.' The VITA development will feature the Brilliant Smart Home System alongside Latch Smart Locks, TOTO Automatic toilets, Wi-Fi enabled Gaggenau appliances, and Hunter Douglas motorized shades, creating an all-encompassing technology-forward living experience tailored to urban professionals. Innovative Tech for Modern Homeowners VITA is designed to meet the lifestyle of tech-savvy young professionals, many of whom work in leading tech companies nearby. Here's how Brilliant elevates their living experience: Low-Carbon Lifestyle: Automated climate and lighting controls optimize energy use, keeping bills low while reducing the carbon footprint. Peace of Mind: Supports integrations with smart doorbells which homeowners can add to enhance secure and convenient unit access. Personalized Comfort: Creating Brilliant's automated scenes, residents can effortlessly match their living spaces to daily routines. Whether it's 'Morning Mode' to open blinds and adjust the thermostat or 'Relax Mode' to dim the lights and play music, every home is uniquely attuned to its owner. About Brilliant NextGen Since 2016, Brilliant's technology has been critical to accelerating the mainstream adoption of smart home living with affordable and user-friendly home control and automation systems. Headquartered in San Mateo, California, Brilliant designs and manufactures award-winning smart touchscreen control panels, smart dimmer switches, smart plugs and multifamily platform software. Brilliant is trusted by hundreds of builders, developers, and property managers across the U.S. and Canada as a standard feature of their homes and apartments, providing homeowners and renters with a compelling unified technology experience in their homes. Learn more about VITA. Visit for more details.