New York Stock Exchange is extending its trading hours to meet growing demand in the Robinhood era
NYSE extends after-hours trading hours to 22 hours a day, improving accessibility for traders globally.
IPO vs SPAC: Which is less efficient?
Stock price pops on first day may indicate underpricing and potential for more raised capital.
SPACs like DWAC offer alternative routes to going public, with significant market value increases seen post-acquisition.
Bank of Japan Surprises Markets With Policy Tweak
The Bank of Japan said Tuesday that it would tweak its bond buying policies and step up asset purchases a surprise move as Japan faces economic pressure from rising inflation and a weak yen.The change was seen as a sign that Japan might relax its adherence to ultralow interest rates.That commitment has made the country a global outlier as other central banks around the world have pushed up their rates in an effort to battle inflation.
New York Stock Exchange is extending its trading hours to meet growing demand in the Robinhood era
NYSE extends after-hours trading hours to 22 hours a day, improving accessibility for traders globally.
IPO vs SPAC: Which is less efficient?
Stock price pops on first day may indicate underpricing and potential for more raised capital.
SPACs like DWAC offer alternative routes to going public, with significant market value increases seen post-acquisition.
Bank of Japan Surprises Markets With Policy Tweak
The Bank of Japan said Tuesday that it would tweak its bond buying policies and step up asset purchases a surprise move as Japan faces economic pressure from rising inflation and a weak yen.The change was seen as a sign that Japan might relax its adherence to ultralow interest rates.That commitment has made the country a global outlier as other central banks around the world have pushed up their rates in an effort to battle inflation.
U.S.-Listed Bitcoin Miners Have the Upper Hand Over Unlisted Peers: Bernstein
U.S. publicly listed bitcoin miners have a significant capital-raising advantage over private peers, positioning them as key consolidators in the market.
Golden Spike Resources Boosts Market Strategy with Altitude Partnership - TipRanks.com
Golden Spike Resources partners with Altitude Capital for enhanced market presence and investor relations.
World's Wealthiest Law Firm Conducts Layoffs Due To Market Conditions
Kirkland & Ellis, the highest-grossing law firm, conducted layoffs in Asia due to market conditions.
Firm attributed layoffs to team size, not performance, and praised remaining capital markets team in Asia.
'It's Booming Right Now': Biglaw Firms Better Get In On These Corporate Debt Offerings
Liability management is continuing at a fast pace due to market challenges.
Companies that were already over-levered or facing difficulties are now taking advantage of the opportunity to reprice their debt or extend debt maturities.
Snapdocs, Finastra LOS integrate to support Trustmark eClosings
, a leading digital closing platform for the mortgage industry, has announced a new integration with Finastra's Mortgagebot loan origination system (LOS) to support Trustmark 's eClose transformation.With this integration, Trustmark's lenders nationwide can execute closings in a centralized workflow to drive faster closing times, reduce operating costs and enhance the borrower experience.
Bank failures may be the catalyst for an economic recession
Fannie Maehas projected that the recent bank failures may act as the catalyst that tips an already precarious economy into a recession - primarily due to the combination of tighter lending standards by small- and mid-sized regional banks.The ongoing banking instability may affect the availability of jumbo mortgages and residential construction loans due to the high concentration of those originations stemming from small and mid-sized banks, Fannie Mae's Economic and Strategic Research (ESR) Group said.
Snapdocs, Finastra LOS integrate to support Trustmark eClosings
, a leading digital closing platform for the mortgage industry, has announced a new integration with Finastra's Mortgagebot loan origination system (LOS) to support Trustmark 's eClose transformation.With this integration, Trustmark's lenders nationwide can execute closings in a centralized workflow to drive faster closing times, reduce operating costs and enhance the borrower experience.
Bank failures may be the catalyst for an economic recession
Fannie Maehas projected that the recent bank failures may act as the catalyst that tips an already precarious economy into a recession - primarily due to the combination of tighter lending standards by small- and mid-sized regional banks.The ongoing banking instability may affect the availability of jumbo mortgages and residential construction loans due to the high concentration of those originations stemming from small and mid-sized banks, Fannie Mae's Economic and Strategic Research (ESR) Group said.
With so much going on in the city's thriving ecosystem, it is easy to miss some of the happenings in the space.We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 4/29 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Constrafor, Chiefy, Axoni, and much, much more.
The AlleyWatch Startup Daily Funding Report: 4/26/2023
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/26/2023 featuring funding details for Rinsed, Axoni, and much more.This page will be updated throughout the day to reflect any new fundings.Rinsed - $20M Rinsed, a CRM platform built for car wash operators, has raised $20M in Series B funding led by VMG Partners.
#NYCtech Week in Review: 4/23/23 - 4/29/23
With so much going on in the city's thriving ecosystem, it is easy to miss some of the happenings in the space.We keep you abreast of the things that you may have missed in NYC Tech News for the week ending 4/29 including the NYC startup fundings, NYC startup exits, and NYC startup events featuring news for Constrafor, Chiefy, Axoni, and much, much more.
The AlleyWatch Startup Daily Funding Report: 4/26/2023
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/26/2023 featuring funding details for Rinsed, Axoni, and much more.This page will be updated throughout the day to reflect any new fundings.Rinsed - $20M Rinsed, a CRM platform built for car wash operators, has raised $20M in Series B funding led by VMG Partners.
Fannie Mae executes CIRT deals on $31B of single-family loans
Fannie Mae announced on Monday that it has executed two new Credit Insurance Risk Transfer (CIRT) deals: CIRT 2023-2 and CIRT 2023-3.The deals, which include over $31 billion in single-family mortgage loans, are designed to reduce risk to taxpayers by increasing the role of private capital in the mortgage market.
Apartment rents in OC fall 2.5% since September The Real Deal Los Angeles
(Illustration by Priyanka Modi for The Real Deal with Getty) Double-digit rent increases in Orange County have hit the wall.Rent hikes as steep as 30 percent in OC since 2020 have plateaued, with average apartment rents sliding 2.5 percent over the last four months to $2,540 per month, the Orange County Business Journal reported, citing CoStar.
Last call for the 2023 Finance Leaders
Today marks the last day to nominate someone for the 2023 HW Finance Leaders award.Don't miss the chance to recognize the top finance executive at your organization!Eligible nominees must be corporate finance, capital markets, or accounting executives within mortgage origination or a real estate brokerage and will be selected based off of financial management, strategic thinking and contribution to their organization.
7 Luxury Homes Sold in the DC Area
Where: Great Falls.Bought by: David Raffetto , Cisco's director of sales for the Department of Defense.Listed: $3,495,000.Sold: $3,250,000.Days on market: 93.Style: Colonial.Bragging points: Two acres, with seven bedrooms, nine bathrooms, five fireplaces, a climate-controlled wine cellar, and an outdoor heated pool.
Bally's executes sale-leaseback on newly acquired Freedom Center site, raising up to $500 million to develop Chicago casino
Days after buying the 30-acre Freedom Center printing site, Bally's has sold the land to a Chicago real estate investment firm, leasing it back for 99 years and raising up to $500 million to help build its proposed $1.74 billion Chicago casino complex.Oak Street Real Estate Capital acquired the River West property Monday for $200 million in the sale-leaseback deal, with a commitment to provide up to $300 million more in additional funding to develop the casino.
Boston condo prices and bank appraisal Boston Condos For Sale Ford Realty
Boston condo for sale fact: The appraisal report in a home purchase can make or break a sale.All lenders will require that a licensed appraiser determine the property value.The appraiser--who works independently and is not on staff at the bank--studies recent comparable sales in the neighborhood and makes adjustments for stuff like number of bedrooms, bathrooms, parking and kitchen/bath finishes.
Bally's executes sale-leaseback on newly acquired Freedom Center site, raising up to $500 million to develop Chicago casino
Days after buying the 30-acre Freedom Center printing site, Bally's has sold the land to a Chicago real estate investment firm, leasing it back for 99 years and raising up to $500 million to help build its proposed $1.74 billion Chicago casino complex.Oak Street Real Estate Capital acquired the River West property Monday for $200 million in the sale-leaseback deal, with a commitment to provide up to $300 million more in additional funding to develop the casino.
Boston condo prices and bank appraisal Boston Condos For Sale Ford Realty
Boston condo for sale fact: The appraisal report in a home purchase can make or break a sale.All lenders will require that a licensed appraiser determine the property value.The appraiser--who works independently and is not on staff at the bank--studies recent comparable sales in the neighborhood and makes adjustments for stuff like number of bedrooms, bathrooms, parking and kitchen/bath finishes.
'Goliath is winning" report explains why JPMorgan, Goldman Sachs and Morgan Stanly are all beating capital markets expectations
The five largest banks in America experienced significant growth in capital markets revenue, outperforming expectations and indicating a positive trend in the sector.
Don't Tell Anyone, but Private Blockchains Handle Over $1.5T of Securities Financing a Month
The use of private blockchains for repurchase agreements is prevalent and successful in the financial industry.