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DoubleLine Paper: Chairman Warsh Swiftly Puts His Stamp on the Fed

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TAMPA, Fla., July 17, 2026 /PRNewswire/ — Bill Campbell, head of the firm’s Global Sovereign & Emerging Markets (GSEM) team, surveys Federal Reserve Chairman Kevin Warsh’s fast-moving overhaul of the central bank, a reorganization ultimately aimed at “a new policy-setting regime rooted more in a reaction to hard data and market outcomes than in econometric models and dogma.”

“Kevin Warsh is on the way to implementing some of the largest changes to the Fed in decades,” Mr. Campbell writes in a new research paper. “Whether these changes successfully reduce inflation and increase growth via supply remains a question for the future to answer. For the medium term, the novel task before Fed watchers will be to decipher the central bank’s emerging reaction function under its maverick new chairman. In the meantime, I believe the most hawkish-sounding Fed chairman in a generation has restored the credibility of Fed independence along with burnishing his inflation-fighting stripes, and he knows it. Barring inflationary unknown unknowns, that credibility will likely serve as tightening itself, allowing Chairman Warsh to deliver zero hikes in 2026.”

The paper, titled “Chairman Warsh Swiftly Puts His Stamp on the Fed,” is available here: https://doubleline.com/wp-content/uploads/DoubleLine_Warsh-Puts-His-Stamp-on-the-Fed_Campbell_071526.pdf

Mr. Campbell heads the Global Sovereign & Emerging Markets team at DoubleLine and serves as the lead Portfolio Manager for emerging markets and international fixed-income strategies. He is a permanent member of the firm’s Fixed Income Asset Allocation Committee. Mr. Campbell has written extensively in research papers and client briefings on evolving trends and episodic developments in global fixed income and currency markets. He holds a B.S. in Business Economics and International Business, as well as a B.A. in English, from Pennsylvania State University and an M.A. in Mathematics, with a focus on Mathematical Finance, from Boston University.

About the Global Sovereign & Emerging Markets Team

The Global Sovereign & Emerging Markets team at DoubleLine manages $13 billion in assets in sovereign debt, including U.S. Treasuries and non-U.S. sovereign issues, and corporate fixed income securities by issuers domiciled in ex-U.S. developed and emerging markets. The team comprises 14 investment professionals, including portfolio managers, analysts and traders.

About DoubleLine

DoubleLine Capital LP is an investment adviser registered under the Investment Advisers Act of 1940. DoubleLine’s offices can be reached by telephone at (813) 791-7333 or by email at info@doubleline.com. In addition to its headquarters in Tampa, Fla., and an office in Los Angeles, DoubleLine has offices in Dubai, London and Tokyo. Media can reach DoubleLine by email at media@doubleline.com.

DoubleLine® is a registered trademark of DoubleLine Capital LP.

 

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SOURCE DoubleLine

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Agoda Unveils 2026 Return Visitor Ranking: Tokyo Is Asia’s Most Revisited City

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SINGAPORE, Sept. 26, 2026 /PRNewswire/ — Digital travel platform Agoda has unveiled its latest Repeat Visitor Ranking, highlighting the top 10 destinations across Asia that keep travelers coming back for more. Based on bookings made during the first half of the year, Agoda reveals that Tokyo has claimed the top spot for the first time, overtaking Bangkok. Rounding out the top five are Bali—ranking third place for the first time—followed by Seoul and Osaka. Da Nang, Kuala Lumpur, Fukuoka, Taipei, and Johor Bahru complete the top 10 list.

Some destinations have a way of calling travelers back for more. The chance to discover new attractions, revisit fond favorites, or simply enjoy the familiar surroundings keeps travelers booking again and again. Agoda’s data shows that these beloved places often attract repeat visits, with some travelers returning multiple times in just the first half of the year.

Tokyo’s rise to number one reflects its unique ability to offer something new with each visit, from seasonal spectacles like cherry blossoms to hidden neighborhoods and an unmatched culinary scene. Bangkok, ranking second, continues to captivate with its unparalleled wellness experiences, world-class dining, and cultural landmarks. Bali’s climb to third place underscores the island’s magnetic appeal with its irresistible beaches, spiritual retreats, and lush landscapes that enchant travelers time and again.

This year’s ranking also reveals the rising appeal of Japan and Vietnam as increasingly popular places people love to revisit. Beyond Tokyo’s ascent to the top, Fukuoka has entered the top 10 for the first time at number eight, signaling travelers’ desire to explore beyond Japan’s traditional tourist hubs to experience Fukuoka’s renowned ramen culture and laid-back atmosphere. Meanwhile, Vietnam’s Da Nang has climbed two spots to sixth place, with its stunning beaches, proximity to UNESCO sites like Hoi An, and excellent value drawing visitors back repeatedly.

Andrew Smith, Senior Vice President, Supply at Agoda, shared, “Asia is home to so many destinations that are worth revisiting, and what we’re seeing is that travelers are building relationships with their favorite cities. The shift with Tokyo’s rise to number one and destinations like Fukuoka and Da Nang gaining ground show that travelers are finding new reasons to return, whether it’s seasonal attractions, undiscovered neighborhoods, or simply great food. At Agoda, we’re here to make those return trips easy and rewarding.”

For travelers looking to revisit their favorite destinations or discover new ones, Agoda offers over 6 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, all of which can be combined in a single booking. Visit the website at www.Agoda.com or download the mobile app for the best deals.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/agoda-unveils-2026-return-visitor-ranking-tokyo-is-asias-most-revisited-city-302887498.html

SOURCE Agoda

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FDIC Appoints Sunwest Bank as Nano Banc’s Acquiring Institution

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IRVINE, Calif., Sept. 25, 2026 /PRNewswire/ — Sunwest Bank has acquired Nano Banc of Irvine, California in an FDIC-assisted acquisition. The Federal Deposit Insurance Corporation (FDIC) accepted receivership of Nano Banc from the Department of Financial Protection and Innovation (DFPI), which closed Nano Banc on Friday, September 25th. The FDIC subsequently entered into an agreement with Sunwest Bank, under which Sunwest agreed to acquire substantially all the deposits and a portion of assets of Nano Banc. The assumed deposits total approximately $605 million and assumed loans total $227 million.

Nano Banc customers will have immediate access to their deposits. Over the weekend, they can access their deposits by writing checks, using ATMs or through their debit cards. Checks drawn on Nano Banc will continue to be processed. All loan customers should continue to make their payments as usual. The former Nano Banc will reopen as Sunwest Bank on Monday, September 28th.

“We are honored to once again to be selected by the FDIC as the acquiring institution of an FDIC-assisted acquisition, marking the sixth time Sunwest Bank has completed such a transaction,” said Carson Lappetito, President and CEO of Sunwest Bank. “This opportunity reflects the financial strength, disciplined management, and stability that have defined Sunwest Bank for more than five decades. We are excited to welcome Nano Banc’s customers to Sunwest and show them the high-touch service, advanced technology and sophistication we offer to our clients.”

Customers with questions should contact the FDIC toll-free at 1-866-314-1744 or visit the FDIC Website at FDIC.GOV. This phone number will be operational this evening until 8:00 p.m., Pacific Time (PT); on Saturday from 9:00 a.m. to 5:00 p.m., PT; Sunday from noon to 12:00 p.m. to 4:00 p.m., PT; Monday from 8:00 a.m. to 5:00 p.m., PT, and thereafter, weekdays from 8:00 a.m. to 4:00 p.m., PT. 

About Sunwest Bank

Founded in 1969, Sunwest Bank is a privately held commercial bank with over $5.0 billion in assets. With a growing presence throughout the United States, Sunwest is headquartered in Sandy, Utah, with offices across California, Arizona, Idaho, Colorado, Utah, and Florida. The bank partners with businesses,

individuals, and entrepreneurs nationwide to deliver leading banking services including technology forward treasury management, commercial and real estate lending products, and corporate financial solutions.

With a strong capital position and a commitment to innovation, Sunwest Bank continues to challenge traditional banking models through forward-thinking initiatives designed to support its clients’ growth and long-term success. Sunwest Bank operates with a Fortress Balance Sheet, long-term outlook, and has an impeccable track record of supporting their clients through all economic cycles.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fdic-appoints-sunwest-bank-as-nano-bancs-acquiring-institution-302890681.html

SOURCE Sunwest Bank

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FOTILE Showcases Next-Generation Kitchen Innovations at IDS Vancouver 2026

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FreshBake™ Range and JQG7515 Range Hood highlight FOTILE’s approach to cleaner, smarter and more user-centered cooking

  VANCOUVER, BC, Sept. 25, 2026 /CNW/ — FOTILE is showcasing its latest kitchen appliance innovations at IDS Vancouver 2026, highlighting how new technologies can address real challenges in today’s kitchens while creating cleaner, smarter and more intuitive cooking experiences.

Now on display at Booth 906 at the Vancouver Convention Centre West, FOTILE’s IDS showcase is led by two of its latest innovations: the FreshBake™ Electric Range and the JQG7515 next-generation inclined range hood.

The FreshBake™ Range addresses an often-overlooked aspect of everyday cooking: indoor air quality. Cooking can generate smoke, odors, volatile organic compounds (VOCs) and fine particulate matter. FOTILE’s FreshBake™ Technology integrates advanced PCF filtration and multi-stage purification into the appliance to help reduce cooking pollutants at the source and minimize lingering odors.

By bringing air purification closer to where cooking pollutants are generated, FreshBake introduces a new perspective on range design — expanding the role of a cooking appliance beyond food preparation to consider the overall kitchen environment and everyday well-being.

Also featured at IDS is the JQG7515, the latest evolution of FOTILE’s signature inclined range hood platform. Combining powerful smoke and grease capture with intelligent controls, the JQG7515 demonstrates how kitchen ventilation is becoming increasingly connected to the broader cooking experience.

Features including gesture control, app connectivity and appliance synchronization allow users to interact with ventilation more naturally, while helping transform the range hood from a standalone appliance into an integrated part of the smart kitchen.

Together, FreshBake and JQG7515 reflect FOTILE’s approach to innovation: identifying practical challenges in everyday cooking and applying engineering, intelligent technology and human-centered design to create meaningful improvements for users.

Throughout IDS Vancouver 2026, attendees can experience FOTILE’s latest innovations through live cooking demonstrations and product displays featuring the FreshBake™ Electric Range, JQG7515 inclined range hood, ChefCubii countertop combi oven and other kitchen solutions. The showcase highlights how FOTILE combines cooking, ventilation and intelligent technology to create a cleaner, smarter and more intuitive kitchen experience.

SOURCE FOTILE APPLIANCES CANADA LTD.

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