August 4, 2025

bank

Banking

Banking on Southern California’s Recovery

For Bank of America’s Raul Anaya, wildfire relief efforts are now a full-time job Raul Anaya has found his next big project. He’s been tapped by the chief executive of Bank of America to step back from his day-to-day role as national head of business banking, one of eight major lines of business for the

Read More
Investors

Real Estate Investors Explain Why They Work With Private Money Lenders

Mike Gorius and Kevin Hart opt for private lenders despite higher interest rates. The main advantage of working with private lenders rather than traditional lenders is speed. Finding people with capital boils down to networking, leveraging social media, and cold-calling. As of March 2025, mortgage rates are hovering around 6.4%. Real-estate investors Mike Gorius and

Read More
Investors

Investors Dumped Record Amount of US Stocks As Prices Crashed: BofA

Global fund managers dumped a record amount of US stock during last week’s sell-off, BofA found. The surveyed investors expressed pessimism around the global economic-growth picture. Stagflation was a commonly-cited fear, with expectations for the scenario at the highest since late 2023. As US stocks slipped into a 10% correction last week, investors were dumping

Read More
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent. View more
Accept
Decline