Better continues leadership shake-up as Chad Smith, Barry Feierstein move on

AGNC Investment (AGNC +3.79%) had a rough third quarter. Interest rates surged, causing fixed-income investors to turn very bearish. As a result, the mortgage REIT posted a negative 12.7% economic return during the period, while its spread income declined for the third straight quarter. However, it wasn’t all bad news. The company did capitalize on…

For 18 years, part of the New York City team at national architecture firm Corgan has called the 54th floor of the Empire State Building home. But, after nearly two decades, even an office in a building as iconic as that one needs a good sprucing up. Corgan’s footprint in the Empire State Building went…

Read More

Key insight: The risks that artificial intelligence poses to the financial services industry are real and becoming more apparent every day. As lawmakers and regulators consider new rules, bankers need a seat at the table. What’s at stake: There is a considerable difference between using AI to help draft an internal memo and relying on…

India has taken its first formal step towards introducing polymer banknotes, with the currency printing arm of the Reserve Bank of India (RBI) inviting global Expressions of Interest (EoIs) for the supply of polymer substrate sheets embedded with security features, The Economic Times reported.   Bharatiya Reserve Bank Note Mudran (BRBNMPL) has invited…

A household goods importer and distributor has signed a new office lease in Midtown South, Commercial Observer has learned. Diamond Home signed a 7,272-square-foot deal for the entire fifth floor of the Rosen family’s 20 West 36th Street with a term of ​​seven years and seven months in a relocation from 28 West 36th Street,…