Ben M. Cornish has been named senior vice president and chief operating officer for China at AMB Property Corp., a new position at the San Francisco-based global developer and owner of industrial real estate. Mr. Cornish, 39, was most recently president of GMS China, a developer of retail properties throughout China. He was previously in charge of China real estate development for Wal-Mart International for five years, and he also served as managing director for Southeast Asia at Koll Development and developed warehouses for Trammell Crow in both the United States and China. AMB Property can be found online at http://www.amb.com.
- AB - Policy & Regulation
The D.C. Circuit Court of Appeals halted the Trump administration's attempt to fire nearly two-thirds of the Consumer Financial Protection Bureau's workforce, upholding a March 2025 injunction.
June 21 -
Anthropic's head of banking told New York Banking Summit attendees that the future is agents that operate autonomously alongside employees.
June 19 -
The industry association said total multifamily mortgage debt alone increased by $23 billion, or 1% in Q1, representing a $2.32 trillion increase from Q4 2025.
June 18 -
Chair Travis Hill said SVB showed banks can't always sell securities fast enough to cover deposit outflows, but acknowledged the "stigma problem" with discount window borrowing remains unsolved.
June 18 -
The merger will bolster existing safeguards against AI threats, while providing a tool that should appeal to young homebuyers, leaders of the companies said.
June 18 -
At a conference in New York, Joseph Otting reflected on the difficult hiring decisions he made early in his tenure heading Flagstar Bank, which just two years ago was on the verge of collapse.
June 18










