U.S. banks earned an estimated $1 trillion in excess interest revenue during the Federal Reserve’s two-and-a-half-year period of elevated interest rates, an analysis of official data by the Financial Times shows. Lenders reportedly benefited from higher yields on deposits held at the Fed while paying relatively low rates to many savers — boosting profit margins […]

Christie’s International Real Estate is expanding its brand presence in Florida. Jacksonville-based firm First Coast, which was previously affiliated with Engel & Völkers announced it was joining Christie’s last Wednesday. The firm will now be known as Christie’s International Real Estate First Coast. This affiliation adds 130 agents and six offices in the Jacksonville metro

Real estate agents Jaclyn Bild Smith and Sari Libbin Shapiro have launched the J&S Group at Douglas Elliman. The Miami-based cousins have a combined career sales volume of more than $900 million and will focus on property sales in South Miami, Coral Gables, Coconut Grove, Miami Beach, Edgewater and North Bay Village. “Jaclyn and Sari’s