Harness a modern pricing engine to maximize efficiency and ROI

CEO Dawar Alimi writes that choosing a modern and advanced pricing engine can unlock new opportunities for growth, profitability and success in an increasingly competitive landscape. Continue reading

JPMorgan CEO: Real estate is going to be a big problem for some banks

Not every bank is at risk, JPMorgan CEO Jamie Dimon said Monday during an investor conference. But for lenders with more exposure to commercial properties, the months ahead could be tough. Continue reading

KC Conway on a big banking risk that has flown under the radar

Hundreds of banks are exposed to large concentrations of commercial real estate — and high levels of risk, Red Shoe Economics’ K.C. Conway, a seasoned Federal Reserve veteran, told Intel. Continue reading

First Citizens BancShares to acquire SVB in FDIC-brokered deal

The deal includes the purchase of approximately $72 billion in loans at a discount of about $16.5 billion, along with the transfer of all of the bank’s deposits totaling about $56 billion, according to the FDIC. Continue reading

Credit Suisse acquired by rival UBS in biggest bank merger since 2008

The acquisition by UBS, one of the largest real estate asset managers in the world, is intended to help contain the crisis of confidence spreading across international financial markets. Continue reading

Silicon Valley Bank, proptech hub for real estate clients, collapses

In the most dramatic banking implosion since the Great Recession, regulators on Friday shut down the bank, which boasted ties to proptechs, including Airbnb, Opendoor and OJO. Continue reading

What is a Cash Advance and is it a Good Idea to Get One?

If you suddenly need cash, you can typically use your credit card in any ATM to get some money. But it is a costly process. While this is often called a “cash advance,” in reality, it is an expensive loan from your credit card company. Only use cash ad… Continue reading