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Municipal Credit Union Signs 6K-SF Lease for New Branch at 162-15 Jamaica Avenue – Commercial Observer
Municipal Credit Union (MCU) has signed a lease to open a new retail branch in Jamaica, Queens, Commercial Observer has learned. The not-for-profit credit union, which has locations citywide and caters only to New York City residents, signed a 15-year, roughly 6,000-square-foot lease at Michael Rosilio’s 162-15 Jamaica Avenue, according to landlord broker Augenbaum Realty….
Vanguard, Altruist Combo “Raises Stakes” for Schwab and Fidelity
Vanguard and Altruist shifted the custodial playing field overnight with the global asset managers $4.6 billion outlay for the scrappy, tech-focused custody platform, according to analysts and Altruist advisors evaluating the deal. The legacy custodians, Schwab and Fidelity Investments, still have a commanding lead over Altruist in the marketplace, but Vanguard’s backing, along with its…
Banks Double Down on nCino AI Agents After Using Initial Cre…
Early adopters of nCino’s agentic solutions and other artificial intelligence initiatives for financial institutions have used up their first bundles of credits and have come back for more, nCino CEO Sean Desmond said Tuesday (Aug. 25) during an earnings call. “I mentioned during our first quarter earnings call that some customers were beginning to reach…
Tribunal cuts landlord’s existing rent after rise challenge
8:58 AM, 16th September 2026, 2 hours ago A landlord who wanted to increase a tenant’s rent instead ended up with a lower figure than the renter was already paying after the case reached the First-tier Tribunal. The London tenant had been paying £2,066 a month when the landlord sought £2,475. The tribunal determined the…
Trump calls Walmart ‘patriotic’ for cutting beef prices — in a stark change of tune
The president hasn’t always approved of Walmart’s moves, having criticized the chain’s response to tariffs last year.
Entity Wrappers Do Not Neutralize Tax Anti-Abuse Rules
A June 16, 2026 article from AQR tackled a question that comes up more often than you’d think among sophisticated investors: if you hold a long position in your personal brokerage account and simultaneously short the identical position through a partnership you control, have you found a clever workaround to the wash sale, straddle and…