The Las Vegas Raiders‘ newest quarterback recruit Fernando Mendoza is itching to kick off his tenure with the team—but first, he’s giving himself some time to get to grips with his new hometown in Nevada, specifically the dry desert heat. Indiana Hoosiers alum Mendoza, 22, was selected by the Raiders as the No. 1 overall…
Key insight: Popular is swapping CEOs for the second time in just over a year. It’s doing so following a strong quarter that saw higher net income and increased capital returns. Expert quote: “Leading this organization has been truly a privilege. I leave with enormous satisfaction.” —Javier Ferrer, CEO of Banco Popular Forward look: Chief…
Key insight: The ruling lets both of the state’s fraud theories proceed, including that Early Warning created “an atmosphere conducive to fraud” — a theory that requires no link between the network and the criminals who exploited it. What’s at stake: A loss for Early Warning could force a bank-owned network to reimburse customers for…
Todd Rosenberg’s Pebb Capital has purchased the Uno office building in South Beach, as boutique financial firms vie for outposts in Miami. The seven-story building features about 100,000 square feet of leasable space and 106 covered parking spots at 119 Washington Avenue, between First and Second streets, in the upscale South of Fifth neighborhood. SEE…
Mastercard said Thursday that it has expanded its virtual card platform, adding issuer-level security controls, wider embedded payments capabilities and a single connection point into its partner network. The enhancements to Mastercard In Control, the company’s virtual card number platform, are said to be intended to help enterprises, financial institutions and platforms run virtual card…
Filing an Income Tax Return (ITR) before the deadline is important, but many taxpayers overlook the equally important step of e-verification. However, filing the return alone does not complete the tax filing process. Unless the return is verified within the prescribed time under the Income-tax Act, it may be treated as an invalid return, effectively…
HMOs are still widely viewed as one of the stronger performing areas of the buy-to-let market and, on the surface, it is easy to understand why. Pegasus Insight’s Landlord Trends Q1 2026 research found landlords operating HMOs generated average rental yields of 7.6%, compared with 6.3% among non-HMO landlords. However, yield alone only tells part…
When Open Banking was first introduced, there was understandable scepticism. Why would banks make it easier for customers to share their financial data? Could organisations that had spent decades competing with one another really work together in a way that benefited everyone? The answer, as we’ve seen over recent years, is that they could. Banks…
A private-label securitization closed by Systima Capital Management for a portfolio of nearly 1,300 subsided apartments underscores the potential for use of the commercial mortgage-backed securities (CMBS) market in affordable housing deals. Systima closed the $153 million tax-exempt affordable housing bond deal through the Public Finance Authority securitized by a pool of loans on seven…
Lisa Su, Advanced Micro Devices’ chief executive, doubled down on her support for open-source AI models on Thursday, reaffirming her commitment to the technology framework after a high-profile security breach this week involving OpenAI agents was ultimately resolved by an open-source model. “I think open source is a great thing,” the AMD CEO said, addressing…