Fiera Real Estate UK and Packaged Living complete first close for new UK single-family housing fund.
The post Fiera and Packaged Living target £1bn UK single-family housing portfolio appeared first on CRE Herald | Commercial Real Estate News, Data, Insights.
Banking-as-a-service has traditionally had sponsor banks for doing everything themselves: issuing accounts, holding deposits, processing payments and financing lending. But latest earnings from two sponsor-bank operators suggest some flexibility in the model, where deposits can be managed independently from the FinTech relationship itself. First Internet Bancorp indicated that its banking-as-a-service fee revenue increased 172% from…
National Bank of Canada is expanding its trust and estate planning business in Western Canada with the acquisition of British Columbia-based Truvera Trust Corporation. The bank announced that its subsidiary Natcan Trust Company, which operates under the National Bank Trust brand, has signed an agreement to acquire Truvera for an undisclosed amount. National Bank said…
“Without consistent gains in inventory, home prices can accelerate. It is critical to introduce more supply to the market to widen the opportunity for homeownership.” The picture is not uniform across price tiers. Sales of homes priced below $100,000 fell 1.7% from a year ago, while transactions in the $100,000–$250,000 range were barely changed. At…
Eight months ago, BitMEX co-founder Arthur Hayes argued that traditional exchanges would have to “adapt or die” as perpetual swaps spread beyond crypto. Now BitMEX itself is closing, while the exchanges it once challenged are beginning to adopt its defining product. On 23 September 2026, BitMEX will close the exchange that gave crypto its dominant…
Amazon’s decision this week to scale back parts of its homegrown artificial intelligence portfolio has been taken by the marketplace as a retreat from the frontier-model competition. That’s only partly true. Amazon appears to be abandoning the most expensive and least defensible layer of the AI stack in order to strengthen the businesses where it…
In May 2025, Dario Amodei, the CEO of AI company Anthropic, said that the technology his company is helping push forward could drive unemployment up to 10%-20% in the next one to five years and wipe out half of all entry-level white-collar jobs, as Josh Tyrangiel points out in The Atlantic. Jim Farley, the CEO…