The app launch form part of OCBC’s Next Frontier Strategy. Credit: RidhamSupriyanto/ Shutterstock.com. Oversea-Chinese Banking Corp (OCBC) will reportedly recruit additional relationship managers over the next three years as it begins trials of a new AI-based application for wealth clients. As per a report by Reuters, the bank plans to hire another 600 relationship managers. Access deeper industry intelligence Experience unmatched clarity with a […]
(Bloomberg) — Executives at some of Wall Street’s biggest names have faced a barrage of recent questions about whether artificial intelligence has crippled the value of their software investments. Their answers have a common refrain: There’s nothing to see here. But public data from mutual funds, which invest in many of these same companies, show […]
Younger Borrower, Medical Professional; Full Loan Cycle AI; CEO Kim Nelson Interview; Non-Agency News The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the first quarter of 2026. The OCC Mortgage Metrics Report, First Quarter 2026 showed that 97.7 percent […]
Why FX Brokers Lose Deposits: SPAYZ.io CCO on Payments, Conversion & Emerging Markets Why FX Brokers Lose Deposits: SPAYZ.io CCO on Payments, Conversion & Emerging Markets Why FX Brokers Lose Deposits: SPAYZ.io CCO on Payments, Conversion & Emerging Markets Why FX Brokers Lose Deposits: SPAYZ.io CCO on Payments, Conversion & Emerging Markets Why FX Brokers […]
The National Association of Home Builders (NAHB) says that its members who rely on immigrant labor should consult an attorney with questions about a recent Supreme Court ruling that could accelerate the end of temporary protected status (TPS) designations. In a 6-3 decision handed down in late June, the Supreme Court said that Trump administration […]
A Brooklyn Heights townhouse just nabbed the borough’s priciest sale so far this year. The home at 192 Columbia Heights traded in an off-market deal for $24.5 million, according to public records. The closing price surpassed the year’s previous top sale, a penthouse at Fortis Property Group’s Olympia Dumbo, which sold for $16.3 million in […]
CoreWeave has signed a 31,000-square-foot, long-term expansion of its office space at Eastman Companies’ The Eisenhower at 290 W. Mount Pleasant Ave. in Livingston, NJ, less than a year after its initial 31,000-square-foot lease. The rapidly growing artificial intelligence (AI) company houses its corporate headquarters at the site. The CBRE team of Jon Meisel, Erin […]
(Bloomberg) — Most couples wait until they’re engaged to talk about prenuptial agreements. Michelle Kaiser brought it up on the fourth date. The 38-year-old, who works in fintech, had more complex investments than her future husband, including derivatives and leveraged funds. That, she said, reinforced the importance of talking openly about finances and long-term goals. It didn’t faze her date: The […]
Elliott Kunstlinger (pictured top), who recently joined Eastern Union as a senior mortgage broker, said the reality of those headwinds became clear following a recent conversation with a contact at a major institutional lender. “Yes, rates are where they are, and everybody likes to point to that,” Kunstlinger told Mortgage Professional America. “But I was […]
The U.S. Securities and Exchange Commission established joint data standards under the Financial Data Transparency Act of 2022. The final rule establishes technical standards for data submitted to certain financial regulatory agencies. Eight additional agencies have established or are expected to act on establishing the joint standards: the Board of Governors of the Federal Reserve […]