AI’s housing impact is strong — but highly localized
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Banknote imagery advisory group minutes – 15 December 2025
Time: 9am to 10am | Location: Bank of England, Threadneedle Street, London, EC2R 8AH and MS teams Minutes Item 1 – Update on Imagery Selection and Aims The Chair opened the meeting, reminding members about the importance of considering the Bank’s obligations under the Public Sector Equality Duty at every stage of decision-making during the…
On the Cover: July/August 2026
Image: Courtesy of Phillips Hidden Gardens – HG287 – Irresistible Hidden Garden by Damien Hirst sold for £23,220 at Phillips Modern & Contemporary Art auction on April 16, 2026, in London. Hirst is one of the most provocative and commercially successful contemporary artists, known for challenging perceptions of art, death and value. With an estimated…
Lender provides £5.5m for Belgravia townhouse scheme
CapitalRise has provided a £5.5 million senior development loan for the acquisition and redevelopment of a townhouse on Chapel Street in Belgravia. The finance will convert an uninhabitable property into a five-bedroom family home. The townhouse, which extends to approximately 3,500 square feet across six floors, has remained unoccupied and unmaintained for several years. The…
RBC Capital Markets Settles FINRA AML Charges for $275K
RBC Capital Markets will pay $275,000 to settle FINRA charges that anti-money laundering procedures in its wealth management division could have missed suspicious transactions. According to the FINRA letter of acceptance, waiver and consent signed last week, the issues arose during a cycle exam by the brokerage self-regulatory organization. The lapses in question allegedly took…
RBC Snags $1.5B Advisor Team from UBS
RBC Wealth Management has drawn a seven-person team from UBS to oversee approximately $1.5 billion in client assets. Focus Wealth Management, based in Palm Beach Gardens, Fla., has moved to RBC after its most senior member had been with the bank advisory for about 14 years, according to BrokerCheck. The team includes managing directors and…
How brokers can make the most of alt-lending opportunities
Ali sees Heartwood well positioned to help brokers and borrowers manage that shift, with the company’s status as a non-B20 lender giving it the ability to work in the B and B-minus mortgage spaces as well as the mortgage investment corporation (MIC) sector when it comes to underwriting philosophies. “We want to be able to…
