Nonbank lender finds niche in airport concession business
Los Angeles-based Lendistry recently received a $100 million credit facility from East West Bank to support loans to airport concession operators.
U.S. Bank’s business banking expansion targets the Sun Belt
Florida, Georgia, Texas and Arizona are all states where U.S. Bank, which operates mainly in the Midwest and the West, sees growth opportunities.
Asset managers misjudge what advisors prioritize: Cerulli
Many advisors want asset managers to do more than provide access to investments. A new Cerulli report suggests they should emphasize practice management strategies rather than business growth.
Why JPMorganChase is deploying robots in its lockbox
The robots, which have the dexterity of a human arm and can open envelopes, remove staples, and scan documents, are being used in its Chicago lockbox and will eventually be deployed in its six other lockbox locations across the U.S.
BitGo buys institutional trading division from NYDIG
The crypto company made the acquisition to expand its institutional platform after it received approval from the OCC for a national trust bank charter.
The art of borrowing against a Picasso
Borrowing against art can offer liquidity without triggering capital gains, but high costs keep it from becoming a first-choice strategy.
Non-QM securitization record signals secondary market shift
Bank of America Securities research shows this sector has had its best year since at least 2017, but some trends in the market point to a need for caution.
Can agentic commerce make in-store payments unsafe?
Visa has collaborated with technology firm Bluefin to build ‘card present’ security that includes tools to mitigate risk from new forms of artificial intelligence.
Kalshi ruling favoring states tees up Supreme Court fight
A ruling by the U.S. Court of Appeals for the 9th Circuit last week allowing Nevada to regulate prediction markets like Kalshi creates a split with the 3rd Circuit, meaning the Supreme Court will ultimately have to settle the issue.
IBD Elite 2026: The 10 fastest growing independent brokerages
The largest firm in the independent brokerage channel is also the fastest growing. But the industry’s rapid expansion alongside rising equity values over the past three years may be hiding some firms’ vulnerabilities.