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JPMorgan AWM operations head Julie Harris to retire in 2027 – report
During Harris’ time in the role, the bank’s AWM business expanded to more than $8tn in client assets under supervision, from about $2tn. Credit: Chayanit/ Shutterstock.com. Julie Harris, who oversees operations for JPMorgan Chase’s asset and wealth management (AWM) division, plans to retire in early 2027, according to an internal memo seen by Reuters. The…
New home sales edge lower in September as prices cool off
The report landed the same morning as the Case-Shiller and FHFA home price indexes, which showed overall home prices up 2.1% and 2.4% from a year ago. Odeta Kushi, deputy chief economist at First American, noted that builders were leaning on price cuts and incentives to battle the higher rate environment. “New-home sales were essentially…
Cursor’s Head of Talent Shares What Firms Get Wrong With Work Trials
Work trials can be a way for both candidate and company to see if a job is a good fit, but Cursor’s head of talent says some employers get it wrong. A big mistake is making the work trial too focused on getting something out of the candidate, Adam Ward, Cursor’s head of talent, said…
Benedict Canyon Acquires Neighboring West Hollywood Properties
Marcus & Millichap completed the sale and financing of 884 and 939 Palm Ave., two multifamily properties totaling 72 units in West Hollywood. The assets traded for $29.85 million, or $414,583 per unit. Tony Azzi and Rabbie Banafsheha of The Azzi Group of Marcus & Millichap exclusively represented the seller, a private family investor. Azzi,…
Gold’s Winning Streak: Navigating Your ETF Options
Gold is extending its winning streak to a seven-week high near $4,300 per ounce, driven by geopolitical developments, a sliding dollar, and shifting Federal Reserve rate expectations. Despite recent gains, gold still trades over 20% below its record high of $5,589 per ounce in late January, according to CNBC analysis. Key Takeaways Gold was recently…
