Author name: Ricky Vasquez

OceanFirst Financial and asset manager 400 Capital Management are promoting a strategy that offers a variation on credit-linked notes regional banks have increasingly used as a means of obtaining mortgage capital relief in the U.S. market. Processing Content The companies applied the structure, which 400CM said appears to be the first fund-issued, rated, significant risk-transfer […]

Key insights: Dhivya Suryadevara is resigning as president of Fiserv. What’s at stake: The bank technology vendor is in the midst of a turnaround strategy that has included a shake-up of its management team. Forward look: Andrew Gelb and Srini Krish will be interim co-heads of financial solutions at Fiserv to support continuity. Fiserv’s attempt

Luxury real estate brokerage Douglas Elliman Inc. is betting artificial intelligence can expand its business beyond buying and selling homes.  Processing Content On Wednesday, Douglas Elliman announced a companywide AI overhaul, saying it will launch a new business, Elius, that aims to turn decades of proprietary real estate data into AI-powered products and market intelligence