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...Shares of publicly traded brokerages fell after the settlement was announced: Compass closed down 14.3 per cent, Redfin dropped 4.9 per cent and Anywhere Real Estate — whose brands include Century 21, Coldwell...
...According to US Mortgage Bankers Association data provided by Newmark, $929bn of commercial real estate debt will need to be repaid or refinanced this year alone....
...Who Coldwell Banker Warburg Penthouse, Upper East Side, $19.775mn Where On Fifth Avenue on the Upper East Side. It’s about an hour’s drive to JFK airport....
...The largest alternative investment groups such as Blackstone, Apollo and KKR have created “retail” funds that are easy for investors to get into, making brokerage offerings increasingly bland....
...A total of $117bn in commercial mortgages tied to US offices will come due this year, according to the Mortgage Bankers Association....
...Kitao is the founder of Japan’s largest online brokerage, SBI, an institution first set up inside Masayoshi Son’s SoftBank but which has long since separated from the company....
...Under fund manager Bill Hwang, Archegos made tens of billions of dollars of bets on US and Chinese stocks by borrowing heavily from banks’ prime brokerage divisions, which had to be rapidly unwound when...
...Mortgage applications hover close to a three-decade low, says the Mortgage Bankers Association....
...Taking their place in the shadow of the skyscrapers are residential units and what promises to be “Europe’s biggest life sciences campus”. This shift has already begun....
...New tech companies have emerged, but carmaker Toyota remains by far the country’s most valuable company When Nippon Steel announced its all-cash $14.9bn takeover bid for US Steel in December, bankers saw...
...It invested $9bn in Morgan Stanley during market turmoil in 2008, later establishing joint venture brokerages. Morgan Stanley now generates nearly 40 per cent of its profits....
...That’s when Geoff Wilding, a former investment banker from New Zealand, took the helm as executive chairman and spearheaded an acquisition spree of over 20 flooring companies around the globe....
...This year his bankers stripped him of much of his Tellurian shareholdings in a dispute over a defaulted loan. His prized sailboat, the Tango, has been seized....
...Coldwell Banker estate agent Greg Dekermenjian says Casey is typical of new buyers in Dorchester, a traditionally African-American district that’s actually the largest neighbourhood in Boston....
...For months, US regulators have been investigating leading Wall Street banks and brokerages, searching for evidence that traders and dealmakers have been using unofficial messaging channels like WhatsApp...
...Caplan was one of a clutch of top executives at prime brokerage departments — units that service hedge funds — at London banks....
...According to bankers directly involved, discussions were held last Thursday between Archegos and six banks that provided the fund with prime brokerage services....
...Many bankers within SMBC Nikko believe the prosecutors are in large part motivated by the perceived need to score a big win....
...at other brokerages....
...Nikko bankers say it may be too late to salvage relationships because many large clients, fearing reputational damage, have already severed their ties with the brokerage....
...Hancox, who at the time was living in Monaco, said that in the years before the 2008 house price crash he was “involved quite heavily” in the Candy brothers’ London residential developments....
...Midtown makeover New York City is looking to clear the tumbleweeds from its largest business district and build residential spaces to adapt to the work-from-home shift....
...It seems like every new tower and every tower that is being renovated is reappearing as residential....
...They went to the bankers’ homes, going through their personal phones and computers, and called in senior staff for questioning....
...“It has never been like this,” said Michael Jones, a real estate agent at Coldwell Banker Realty with more than 20 years’ experience in central Ohio. “It’s unprecedented.”...
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