‘My total balance should be $20 million’: I invested $1.1 million in a crypto platform. Have I lost it all?
“I invested on the recommendation of an executive vice president of a major New York investment bank.”
“I invested on the recommendation of an executive vice president of a major New York investment bank.”
Mayor Zohran Mamdani’s administration is seeing the light at the end of its chaotic rollout of a pied-à-terre tax. After weathering rebukes from lawmakers and a legal challenge from homeowners represented by former Deputy Mayor Randy Mastro, an appeals court greenlit implementation of the levy to continue apace until oral arguments take place on Aug….
A criticism repeated against Substantial Insorporation Structure (SIS) arrangements is that transferring the beneficial ownership of mortgaged properties to a company must have breached the mortgage terms, making the transfer ineffective and automatically invalidating Section 162 Incorporation Relief. That argument compresses several separate legal questions into one convenient conclusion. The evidence heard during the ten-day…
Canada is escalating its response to President Donald Trump’s trade war, with another round of retaliatory tariffs set to take effect September 8. But two key Canadian exports — oil and potash, a key fertilizer ingredient — should stay out of the fight, one Canadian premier said Wednesday. “What we as a province cannot and…
Card platform upgrade calendars are getting shorter. The next major deadline may arrive before issuers finish planning for the last one. Card issuers face pressure from several directions. Fraud keeps changing, customers expect faster digital services and AI is creating new ways to manage accounts. Older platforms can make each improvement harder to deliver. Issuers…
New Jersey-based Indian restaurant Samudhra is establishing a presence across the Hudson River in Hell’s Kitchen. The eatery signed a 10,000-square-foot lease on the ground level of the Ellery at 312 West 43rd Street, owned by Taconic Partners and National Real Estate Advisors, for its second location in the U.S. following its first restaurant in…
Quarterly average regulatory equity value-at-risk across the eight US global systemically important banks (G-Sibs) reached a combined $669.9 million in the second quarter of 2026. This was the highest level since Q4 2020, when it stood at $692 million. These figures do not take into account the multiplier used to translate VAR into a capital…