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3 Jan 2024, 1:36 pm
Worst Performing Real Estate Investment Trusts (REITS) in 2023 According to an article in Yahoo Finance this week, the real estate sector in the U.S. is undergoing significant challenges due to rising interest rates, impacting property firms differently than banks. [read post]
2 Jan 2024, 12:56 pm
The Banking Sector Has a Tumultuous Year Over the course of several weeks from March to early May in 2023, three large U.S. banks failed in a sequence of events that has come to be known as the Banking Crisis of 2023. [read post]
22 Dec 2023, 11:43 am
The U.S. [read post]
8 Dec 2023, 6:00 am
Traditional lenders are joining firms like Affirm Holdings Inc., Klarna Bank AB and Afterpay Ltd. in giving customers shorter-term borrowing options. [read post]
7 Dec 2023, 8:54 pm
The following disclaimer is included to ensure that we comply with U.S. [read post]
1 Dec 2023, 10:14 am
Since then, the anti-ESG movement has snowballed, shifting from targeting grassroots activists to taking on some of the nation’s largest banks. [read post]
21 Nov 2023, 3:15 pm
A newly-announced settlement agreement and corrective action plan (the “Settlement”) between a prominent New York academic medical center and the U.S. [read post]
13 Nov 2023, 5:05 am
The case concerns the Jacqueline Piatigorsky Revocable Trust, which contracted with Christie’s Fine Art Storage Services to store its extensive art collection, previously belonging to a deceased member of the Rothschild banking family. [read post]
7 Nov 2023, 10:09 am
CLS Bank Int’l, 573 U.S. 208, 216, 110 USPQ2d 1976, 1980 (2014); Association for Molecular Pathology v. [read post]
27 Oct 2023, 6:00 am
How Data Sharing Could Change Under CFPB’s Proposed New RulesAmerican Banker – October 23, 2023 (subscription required) U.S. banks have shared their customers’ account data with fintechs, an activity some call “open banking,” for more than a decade. [read post]
24 Oct 2023, 9:01 pm
From Congress to law enforcement to the courts, these levels are at, or below, historic lows.[2] Studies also show that only a small percentage of Americans have any significant level of confidence in banks, technology companies, or big business.[3] Regardless of whether you are a regulator, financial professional, or an attorney who counsels large entities, you should all be concerned. [read post]
23 Oct 2023, 12:00 am
The National World website has debuted the UK’s first AI-generated weather presenter, Press Gazette reports. [read post]
20 Oct 2023, 2:40 pm
On July 26, 2023, the SEC proposed new rules aiming to address conflicts of interest associated with the use of predictive data analytics (“PDA”) and other similar AI-powered tools. [read post]
18 Oct 2023, 3:02 pm
KLDiscovery To Expand Managed Review Capabilities with Cenza Technologies Acquisition KLDiscovery Inc. [read post]
17 Oct 2023, 7:25 am
Brokers-Dealers That Recommended Northstar Northstar Financial Services (Bermuda) was sold by many broker-dealers, including: Ankoh Investment Services, Inc. [read post]
11 Oct 2023, 11:17 am
Bank of America, require banks to pay at least 2% interest annually on escrow accounts associated with residential mortgages. [read post]
9 Oct 2023, 6:00 am
Philadelphia National Bank and others. [read post]
20 Sep 2023, 5:50 am
The transaction was financed by Woodforest National Bank and NorthCoast Mezzanine, with advisory roles played by Kenyon Group, BakerHostetler, and Moss Adams. [read post]
15 Sep 2023, 6:38 am
Visa’s A shares are owned by the public, B shares are owned by U.S. banks, and C shares are held by foreign banks. . . . [read post]
13 Sep 2023, 6:00 am
Jackson, a U.S. [read post]
