Should I use my financial institution’s ‘free’ advisers?

Investment firm and hedge fund manager Vestal Point Capital is relocating its offices within New York City.  The company has inked a long-term, 12,139-square-foot lease on the entire 12th floor of Rockrose Development’s 11 East 26th Street across the street from Manhattan’s Madison Square Park, Commercial Observer has learned. The company’s current address is listed…

“Competing is everything, and knowing that we couldn’t compete at the highest level is what made me start to have these conversations with Mike and the team,” he said. “With their scale, we can compete at every level. We can pay our LOAs the most aggressive comp splits, and we can get the best pricing….

Allica Bank has expanded the use of an automated valuation model (AVM) in its bridging finance proposition. The bank has increased the maximum LTV from 70% to 75% and the maximum loan size for an AVM has moved from £750,000 to £2 million. It says the changes open the AVM route to significantly larger residential…

Along the coast between Silicon Valley and Southern California, another major industry hub is forming for a new kind of technological innovation. Quantum computing utilizes quantum mechanics to vastly expand on traditional binary computing, solving devilishly complex problems exponentially quicker. And, while the technology is in its early stages, the science behind it is in…

Evolve Lending Group has joined the Bridging & Development Lenders Association (BDLA) as a lender member. Evolve Lending Group is an independent, privately-funded secured lender operating in an exclusive joint venture partnership with Empowered Pensions Group. Evolve provides standalone first-charge bridging over £750,000, as well as sub £750,000 equitable, second-charge bridging, and bespoke Revolving Credit…

Nikkei: US Treasury Department tells traders, prepare for potential additional intervention !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}