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A victim of an alleged escrow fraud scheme is now suing Flagstar Bank, saying it should have acted to stop the theft. Elizabeth Capital Success had $148 million allegedly diverted from an attorney escrow account by former attorney Mark Nussbaum, who is facing state charges of grand larceny related to similar allegations. Now, in a…
Falling head-over-heels for a home without actually stepping foot in it is a universal experience—and it impacts celebrities, too. Perhaps it’s a bungalow bursting with character that’s been calling your name since childhood, but has been in the same family for generations. Maybe it’s a lavish condo with a sprawling balcony you always notice on…
Editor in Chief Susan R. Lipp weighs in on the contents of this month’s issue.
Global Banking & Finance Review® is an online platform providing news, analysis, interviews, opinions, press releases, market information and other content relating to banking, finance, insurance, investment, wealth management, fintech, financial markets, technology, regulation and related industries worldwide. The website publishes editorial content, news, press releases, contributed articles, sponsored content, advertorials, advertisements and other material…
Image: Courtesy of Freeman’s 2026 Sylvia Ordoñez’s “Frutero con fondo azul” sold for $2,304 at Freeman’s Collect: Post War & Contemporary Art auction on Oct. 2, 2026 in Chicago. Born in Monterrey, Mexico in 1956, Ordoñez is a celebrated Mexican artist who received her initial training from her painter father, Efrén Ordoñez, before pursuing formal…
Fitch drew a distinction between wealth management and private banking, noting that the latter is likely to remain high-touch, with AI augmenting rather than replacing client relationships. Wealth management, by contrast, faces greater exposure to the standardisation of products and services that AI enables. Fiduciary and regulatory obligations requiring human accountability for advice were identified…
A client-first approach has been the defining strength of UBS this past year. The bank has used the breadth of its quantitative investment strategies (QIS) franchise, derivatives capabilities, wealth-management flows and insurance expertise to build highly customised solutions across the Asia-Pacific region. Rather than start with a strategy and find a home for it, UBS…
An eye-catching triangular-shaped residence that has been the talk of the town since it was constructed in Buffalo, NY, in 2020 has once again angled its way back onto the market—this time with another price cut. The iconic Triangle House, designed by artist Ben Perrone, was originally listed for $760,000 in April 2023. Also known…
A modernist masterpiece by acclaimed architect David Jameson has hit the market for $10.995 million in Washington, DC. “[It’s] a really special house, it’s gorgeous,” says Christopher Leary, co-founder of HRLS Partners at Sotheby’s International Realty, who is listing the property along with his partners, Robert Hryniewicki, Adam Rackliffe, and Micah Smith. “We play in…
12:01 AM, 22nd October 2026, 3 days ago A flatshare website is urging the Chancellor to raise the Rent a Room tax-free allowance in the Budget to encourage more households to take in lodgers and boost rental supply. The scheme allows people to earn up to £7,500 a year tax-free from renting out furnished rooms…