Every week, Artnet News brings you The Gray Market. The column decodes important stories from the previous week—and offers unparalleled insight into the inner workings of the art industry in the ...
A gallery that wants to capitalize on its inventory. A private dealer who needs an advance on consignment before an artwork is sold. A collector who wants to leverage their art to buy more. The ...
A wealthy client at Bank of America put up his fine-art collection so he could borrow enough to buy a sports franchise. Another posted his cache of 19th century American landscapes to renovate his ...
Why rush to sell in a cooling market when you can borrow against your art and wait for prices to rebound? Welcome to the new age of art finance. Fatih Aktas/Anadolu via Getty Images As we enter 2025, ...
The fine art market is not only a space for collectors but also an evolving financial landscape where passion intersects with sophisticated investment strategies. J.P. Morgan Private Bank notes an ...
Half of non-bank art lenders experienced loan defaults in 2024, up from 17 percent two years earlier, according to the ...
Already Wall Street's biggest art lender, Bank of America wants to be the art world's favorite bank. To cater to clients selling their masterpieces, BofA negotiates better deals with auction houses.
NEW YORK--(BUSINESS WIRE)--Emigrant Bank Fine Art Finance (EBFAF), a leading provider of innovative art finance solutions, today announced that Suzanne Gyorgy has joined the firm as a Partner. For the ...
Jack Howard, the senior director of financial health and wellness of Ally Financial, feels that events like this are important because they foster financial health and allow creators to deepen their ...
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