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Former Danish Queen, 86, reappears in public 1 month after health scare
Queen Margrethe of Denmark joined King Frederik, Queen Mary, and Princess Benedikte for a celebratory concert at Fredensborg Church
Pioneer of China NewCo model sued in US over trade secret misuse, double-dealing
A legal feud unfolding in New York is putting a spotlight on the work of a business development veteran who is credited for pioneering one of biopharma’s hottest dealmaking mechanism: the China “NewCo” model. In a lawsuit originally filed in New York state court and recently moved to federal court, China’s Lepu Medical Technology has alleged that biopharma business development consultant Su Zhang, who was hired to help shop its GLP-1 weight-loss candidates to Western partners, engaged in corporate double-dealing and trade secret leaks. According to the complaint, while acting as Lepu’s primary dealmaking liaison for a group of obesity and metabolic disease drug candidates, Zhang was secretly double-dipping as the acting chief business officer for a direct competitor, BrightGene Pharmaceutical. “She never adequately disclosed the role, never sought Lepu’s consent, and never proposed any safeguard,” Lepu alleged in its complaint, which was filed in July after Zhang’s consulting firm, CoDevCo, sought certain transaction-based success fees from its angry customer through an arbitration process in Singapore. Lepu, the parent company of Lepu Biopharma, has asked Zhang to pay back its $500,000 retainer and disgorge all benefits she received during the alleged breaches of fiduciary duty, plus other damages and relief. The company has also requested the court grant injunctions to protect Lepu’s trade secrets. The ill-fated partnership officially kicked off in December 2024, when Lepu tapped CoDevCo as its “exclusive business development mechanism” to identify collaborators for the company’s drug candidates. According to Lepu’s complaint, Zhang personally negotiated and signed the agreement as managing director for CoDevCo, which used her home address. Before the Lepu deal, Zhang made a name following a short stint as the global head of business development for Hengrui Pharmaceuticals. It was during her tenure that Hengrui signed a landmark deal granting exclusive rights for a portfolio of GLP-1 assets to Hercules, which was at that time newly established by a group of private equity and venture capital firms. In addition to the regular upfront and milestone payments, Hengrui also gained an equity stake in Hercules, which later became Kailera Therapeutics. The Hengrui-Hercules deal opened a new paradigm, where a Chinese biopharma company spins off certain early-stage assets to investors for further development through the creation of a new company abroad. The “NewCo” model quickly came into vogue as it allows Western investors to access high-potential assets originating from China at an early stage while giving the Chinese licensors an opportunity to reap long-term benefits through equity stakes in the new firms. The NewCo model proved its value when Kailera staged a record-breaking $625 million IPO on Nasdaq this April, merely two years into the Hengrui deal. Related Kailera CEO 'knew we were in a good spot' before obesity biotech's record-breaking $625M IPO On her LinkedIn page, Zhang described her work at Hengrui as “[b]uilding team and capability from the ground up,” forming NewCo and major pharma partnerships worth billions of dollars. Lepu clearly wanted that kind of track record to help boost its own cardiometabolic portfolio, which includes a range of assets for obesity, Type 2 diabetes, fatty liver disease and muscle preservation during weight loss treatment. “Lepu’s pipeline is very valuable, but only if Lepu could secure the right international partner to expand into the overseas market during the available commercial window,” the company argued in its complaint. The Chinese biotech said it had little knowledge of U.S. laws, customs or business practices in the business development field, and therefore “needed to rely entirely” on the expertise of Zhang and her team as the firm’s first engagement of a U.S.-based BD consultant. “Zhang’s dominating influence on the business development strategy is further evidenced by the fact that she personally controlled the business-development communications on behalf of Lepu with potential partners,” Lepu said in its complaint. After entering the deal, Zhang introduced Lepu to her four associates. According to Lepu’s version of events, all of them were allegedly employed at different time points to perform similar jobs at other Chinese companies that Lepu described as its competitors, while having access to Lepu’s confidential information. As such, Lepu described Zhang’s team as “a roster of individuals whose primary professional loyalty, by virtue of their concurrent full-time employment, ran to Lepu’s competitors.” As well as the specific examples set out in the case, a look at Lepu’s deals over the period suggests Zhang may have been involved in at least one transaction. During their partnership, Lepu, through its subsidiary Shanghai Minwei Biotechnology, also out-licensed its GLP-1/GIP/FGF21 agonist MWN105 to a NewCo called Sidera Bio in the fall of 2025. The deal included an upfront and near-term payment of $35 million, up to $1.01 billion in milestones, and a 9.99% stake in the Danish startup. It seems likely that Zhang facilitated the Minwei deal given that Lepu is on record as having used CoDevCo as its “exclusive business development mechanism.” The big shock for Lepu came in the form of a news article on June 25, 2025. The article, reporting on phase 2 data for BrightGene’s GLP-1/GIP receptor agonist BGM0504, identified Zhang as acting chief business officer of the Lepu rival. Blindsided by her association with BrightGene, Lepu confronted Zhang in July 2025. “Lepu was given assurances that there was nothing to be concerned about and told that Zhang would explain the matter to Lepu,” Lepu alleged in its complaint. “Zhang never did.” Lepu claimed that Zhang had the motive and opportunity to steer potential prospective partners toward BrightGene or other competitors. Later, in February 2026, one of Zhang’s associates joined BrightGene as the vice president for global business development, according to the complaint. Around the same time, Lepu sent written demand letters asking Zhang to account for her BrightGene role, identify what confidential data were shared with the rival firm, and provide any conflict-of-interest or firewall policies during the engagement. According to Lepu, neither CoDevCo nor Zhang answered the questions in their responses. Related Novo vs. KBP: How a $1.3B deal turned into a fraud accusation and an international legal fight In a motion to dismiss filed with the U.S. District Court in the Eastern District of New York on Sept. 4, Zhang’s legal team argued that Lepu’s agreement was signed with CoDevCo, and that an employee of the contractor does not owe fiduciary duties to the client. In its complaint, Lepu said: “That CoDevCo was the contracting entity does not insulate Zhang from personal liability for duties she personally undertook and personally breached.” Taking the argument one step further, the defending party argued that the consulting agreement “does not create a fiduciary relationship even between CoDevCo and Lepu; instead, it identifies CoDevCo as an independent contractor retained to market Lepu’s business to potential western partners.” Although CoDevCo was Lepu’s exclusive business-development contractor, there were no terms stipulating that the consulting firm should serve only Lepu, Zhang’s lawyer noted. As to Lepu’s claims that Zhang misappropriated trade secrets, the defendant argued that Lepu authorized the use of the information so Zhang’s team could perform their service per the agreement. In a rebuttal filed on Sept. 11, Lepu’s lawyer set out why they believe the Chinese biotech satisfied New York law’s misappropriation definition by alleging that the defendant used a trade secret “in breach of a duty or through improper means.” As an alternative to dismissing the suit, the defendant suggested the action should be stayed pending outcomes from the arbitration of a separate case in Singapore. While NewCo pioneer Zhang is defending her business arrangements, momentum behind the NewCo trend has continued unabated into 2026. Through August, Chinese biotech assets have spurred 15 NewCo deals this year, according to local trade publication PharmaDJ.
Scientists Find 46,000-Year-Old Bone Fragments in a Cave, Leading to Groundbreaking Discovery
Six ancient bone fragments found in a Spanish cave belonged to a male Neanderthal, and their well-preserved DNA could reveal new details about his life
Netflix reports box office numbers for first time with 'La Bola Negra'
Netflix reported box office figures for the first time this weekend, with its theatrical release of the Spanish-language queer drama, "La Bola Negra."
Dani Carvajal set to remain in Madrid
Dani Carvajal is still a free agent and could soon make a surprise decision, according to the Spanish press. The right-back is expected to stay in the capital, although not at the club where he made ...
Barcelona could reignite pursuit of Sporting star in January
The board at La Liga giants Barcelona are giving consideration to reigniting their chase of Sporting CP star Luis Suárez following the turn of the year.That’s according to Spanish outlet Fichajes, ...
The Everglades matter: Miccosukee Arts & Science Symposium takes place October 2
Getting your Trinity Audio player ready... Free interactive event includes presentations, workshops, field trips, film festival, and more, including Spanish-language programming at the Miccosukee Casino and Resort The Miccosukee Arts & Science Symposium (MASS) is a biennial collaborative event between the Miccosukee Tribe of Indians of Florida and the South-Florida based arts and conservation organization, […]
Spain: Massive protests after housing bills voted down
Organizers estimated that 500,000 people turned out in the streets of Madrid to demand affordable housing. Similar protests were held in around 50 other Spanish cities.
Barcelona chief: Julián Alvarez is ‘in the past’
Barcelona sporting director Deco has this week moved to play down the possibility of a future move for Atlético Madrid star Julián Alvarez.Barcelona of course spent the bulk of the summer transfer ...
'The Traitors: New Blood' recap. Who was murdered and banished?
Spoiler alert: Major spoilers for "The Traitors: New Blood" follow. "The Traitors" trio is complete, and some of them are already catching heat.
China takes aim at life science leadership as Danish companies are urged to “really take it seriously”
A new five-year plan from Beijing aims to make China a life science superpower by 2030, and two China analysts say the target is within reach.
Set your alarm: Jupiter will disappear behind the crescent moon in a once-in-a-decade alignment tomorrow
Skywatchers in the U.S. and eastern Canada can see a rare lunar occultation of Jupiter early on Oct. 6. Here are the exact times to see the giant planet vanish and reappear.
Real Madrid Identify Arsenal's Mikel Merino As New Midfield Option
Mikel Merino has reportedly emerged as a potential transfer target for Real Madrid. The Spanish giants are keen on the versatile midfielder but for now, no talks have taken place between Madrid and Arsenal over a possible deal.
ESPN's Super Bowl 61 broadcast to also stream on Disney+
(AP) — ESPN announced on Tuesday that its broadcast of Super Bowl 61 will also be streamed on Disney+.Disney+ will stream the ESPN/ABC broadcast as well as the Spanish-language telecast on ESPN Deportes in the United States.
A Spanish-language radio show overflows with voters' frustration in Pennsylvania battleground
Victor Martinez, who runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley, talks about voters' frustration with everyday realities like higher fuel prices and inflation ahead of next month’s closely contested midterm election.
Spanish politicians trade blame after death of octogenarian at heart of housing protests
MADRID, Oct 8 (Reuters) - Spanish politicians traded blame on Thursday after the death of an 87-year-old woman who was evicted from her Madrid home exacerbated heated debates over housing ahead of an
Cucurella: “We cannot relax for a minute”
Real Madrid left-back Marc Cucurella talked to the press after the team’s convincing 4-1 win over Sevilla in La Liga. The Spanish defender was pleased with the effort. “I think we played a very good game from the start. We had quite a bit of control and knew when to attack quickly and when to […]
Wow, Andoni Iraola now wants Spanish superstar to join Liverpool
Andoni Iraola has requested Liverpool to sign an exciting Spanish midfielder. Julian Ward has ushered in Liverpool’s new era without making too much noise. There has been no grand announcement or bi...
Ys VIII: Lacrimosa of DANA coming to Switch 2 on February 25, 2027
Publisher NIS America and developer Falcom will release a Switch 2 version of action RPG Ys VIII: Lacrimosa of DANA on February 25, 2027, the companies announced. It will feature Spanish-language s…
Harry Kane sends message of congratulations to Real Madrid star
Bayern Munich and England star Harry Kane has this weekend sent a message of congratulations the way of fellow countryman Jude Bellingham.This comes after the latter beat his illustrious teammate to t...
CR7 felt betrayed by Jorge Jesus after broken promise
The atmosphere in the Portugal squad was badly shaken this week. According to Spanish journalist Edu Aguirre, from the show El Chiringuito, Cristiano Ronaldo felt betrayed by coach Jorge Jesus after a...
How do Spanish clubs become 'Real' or 'royal'?
The title of 'Real' is bestowed upon Spanish clubs by the country's monarchy but it has little to do with achievements on the field.
A 100-kg green anaconda can almost vanish in the Amazon; scientists found giant snakes hiding under logs, leaf matter, vegetation, and riverbanks
Green anacondas can remain difficult to spot in the western Amazon, even when they weigh 100 kg. A study of the snakes in Peru found that they were usually visible only when basking.
Official: Real Madrid star named country’s Player of the Year
A member of the midfield ranks at La Liga giants Real Madrid has this week been rewarded for his consistent excellence at club and international level alike.This comes amid confirmation of Jude Bellin...
Spain’s DeAPlaneta Entertainment hires digital content and channels chief
Spanish kids company DeAPlaneta Entertainment has appointed Daniel Acero Montoya as head of digital content and channels.
Eagles RB Depth Vanishes Before Crucial London Game
Will Shipley exits with a foot injury, leaving the Eagles with Dameon Pierce and Carson Steele as the only healthy options for the rest of the game.
Anatomy exhibit opens in Sacramento, taking visitors on a tour inside the human body
The exhibit of “Bodies: The Science Within” at the Sacramento Memorial Auditorium runs from now until Nov. 29 and includes Spanish translations.
CR7 felt betrayed by Jorge Jesus after broken promise
The atmosphere in the Portuguese national team took a major hit this week.According to Spanish journalist Edu Aguirre, from the program El Chiringuito, Cristiano Ronaldo felt betrayed by coach Jorge J...
Juventus make contact over January deal for Barcelona star
Barcelona star Alejandro Balde has made his way into the sights of one of Italian football’s leading clubs with a view to the winter transfer window.This comes amid the understanding that the board ...
A Spanish-language radio show overflows with voters' frustration in Pennsylvania battleground
Victor Martinez, who runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley, talks about voters' frustration with everyday realities like higher fuel prices and inflation ahead of next month’s closely contested midterm election.
☕️ Who can beat Spain? and Sunday’s 5️⃣ stories
On a Sunday with a sweet hangover after the Spanish national team’s latest display, here are the five stories we’ve selected to help you start the day in the best possible way.Let’s get started!...
Barcelona star sets 106-year international record
Barcelona star Lamine Yamal has on Tuesday continued to etch his name indellibly into the history books of Spanish football. This comes courtesy of his exploits in La Roja’s latest outing.Luis de la...
Juventus remains interested in signing Danish attacker
Juventus have been following Conrad Harder since he played for Sporting Club, where he was one of the best players in their team before moving to Germany to play for RB Leipzig. The Bianconeri have co...
VOTE: What is your biggest fall health question?
News4 NBC Reno covers news, sports, weather and traffic for the Reno, Nevada area including Sparks, Carson City, Virginia City, Silver City, Stagecoach, Silver Springs, Sun Valley, Cold Springs, Spanish Springs and Fenley, Nevada and Truckee and Tahoe City, California.
Health Tech Keeps Choosing Violence
Last week was an absolute dump of health tech litigation mayhem, with enough new filings to make my wife seriously question my bedtime reading. Here’s what’s inside: OpenEvidence v. Doximity: Doximity didn’t wait for the deadline. It wants OpenEvidence’s case thrown out entirely, and its motion adds some awkward details about vanished Slack data and borrowed NPIs. Plus, Epic v. Apple offers a look at what a normal discovery fight looks like. Texas v. Epic: Epic took another shot at the State’s antitrust pleadings, asking the court to make Texas spell out how its employment restrictions harm competition and why Texas law reaches a Wisconsin company’s noncompetes. Veeva v. Epic: The two Wisconsin law professors finally weighed in on whether a would-be employer can challenge someone else’s noncompete. Audacious Inquiry v. CRISP: Our sleepy patent case just evolved into a much more interesting form, with CRISP firing back with attempted monopolization and information blocking counterclaims. Cognizant v. Infosys: After weeks of emails and phone calls, I finally have Judge Starr’s sealed ruling on Infosys’s antitrust counterclaims. Some survived, offering clues about where the Epic (and other system of record) antitrust cases stand their best chance OpenEvidence v. Doximity
A Spanish-language radio show overflows with voters' frustration in Pennsylvania battleground
Victor Martinez, who runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley, talks about voters' frustration with everyday realities like higher fuel prices and inflation ahead of next month’s closely contested midterm election.
Apple Stores Will Add Your Name to iPhone Duo's Startup Screen
Apple has something special planned for customers who purchase an iPhone Duo in an Apple Store. Employees will be able to customize the Duo so it displays the name of the buyer at the "Hello" screen when it turns on for the first time. Bloomberg's Mark Gurman says Apple retail stores in the United States will have a personalization system for adding the buyer's name to an iPhone Duo, with English and Spanish language options.
China’s rise deepens industry concerns: Europe lacks a clear plan for life science
China’s five-year plan for life science must be taken “extremely seriously,” but Danish companies should also stay close to China’s fast-growing innovation hubs, says trade group director.
St. Anthony Catholic School receives $50,000 education innovation award
St. Anthony Catholic School in Des Moines has been awarded $50,000 after being selected as a semifinalist for the 2026 Yass Prize, a national award recognizing innovation in education. The school was recognized during the Yass Prize Awards Celebration on Oct. 6 in Philadelphia. St. Anthony is the only Catholic dual-language Spanish immersion school in…
Barcelona star ‘not comfortable with his situation’
Barcelona star Dani Olmo is not entirely satisfied with his current status in Hansi Flick’s star-studded squad. That’s according to Diario Sport, who have on Saturday provided an insight into the ...
Real Madrid considering move for Stuttgart star
La Liga giants Real Madrid have had their interest firmly piqued by the talents of a member of the defensive ranks at German outfit Stuttgart.This comes amid the understanding that those behind the sc...
Scientists Found a Deep-Sea ‘Death Pool’ That Vanished. It May Show How Earth's First Life Survived
New sediment tests from a research vessel in the Red Sea suggest that primordial deep-sea microbes may offer a glimpse of how life made energy before Earth had oxygen.
A Spanish-language radio show overflows with voters' frustration in Pennsylvania battleground
Victor Martinez, who runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley, talks about voters' frustration with everyday realities like higher fuel prices and inflation ahead of next month’s closely contested midterm election
Avatar Entertainment Adapting Vicente Vallés Novel ‘La Caza Del Ejector’ As TV Series
EXCLUSIVE: Avatar Entertainment has acquired rights to Spanish journalist Vicente Vallés’ novel Hunting the Executioner (La Caza del Ejecutor). The London- and L.A.-based production and management com...
ESPN's Super Bowl 61 broadcast to also stream on Disney+
ESPN announced on Tuesday that its broadcast of Super Bowl 61 will also be streamed on Disney+. Disney+ will stream the ESPN/ABC broadcast as well as the Spanish-language telecast on
💸 Official: Messi buys a club in Spain
CD Eldense officially announced the acquisition of the club by Leo Messi, marking the beginning of a historic and exciting milestone for the century-old Spanish institution. A project of growth and id...
Spanish Science Fiction Horror Film MEMORIA to Get Release from Mondo Macabro
Memoria 1 Blu-ray disc Label: Mondo Macabro Preorder: 11/10/26 Release: 12/8/26 MSRP: $29.99 UPC: 843276036195 Catalogue #: MDO361 Genre: Horror Color 87 minutes in Spanish with English subtitles MPAA Rating: NR High Definition 1080p 1.66:1 Dolby Digital
reVolver Podcasts’ Contacto XIII Ranks Among Spotify Mexico’s Top 50 Science Podcasts
DALLAS, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Contacto XIII , the Spanish-language podcast produced and hosted by Garbanzo for Dallas-based reVolver...
Vietnam Pandora Jewelry
Pandora CEO Berta de Pablos-Barbier, right, speaks with Danish Ambassador to Vietnam Lina Gandlose Hansen as they visit the factory in Ho Chi Minh city, Vietnam, Thursday, Oct.1, 2026. (AP
Real Madrid boss Mourinho labels Cristiano Ronaldo comments ‘fake’
Real Madrid head coach José Mourinho has moved to distance himself from any and all comments regarding the situation of Cristiano Ronaldo at present.This of course comes amid a controversy-filled las...
Official: Real Madrid name Player of the Month for September
The winner of the award for Player of the Month at La Liga giants Real Madrid has on Wednesday been revealed. This comes amid confirmation that Arda Güler has beaten out the competition to secure the...
Is time speeding up? Here's what science says
Why did summers feel endless as a kid, but now entire years seem to vanish? Does time actually speed up as we get older – or does it just feel that way? Conspiracy theorists suggest things like...
UCLA Health addresses healthcare accessibility issues for Spanish speakers
Three UCLA Health initiatives are working to make healthcare more accessible for Spanish speakers across Los Angeles. The UCLA Hispanic Neuropsychiatric Center of Excellence, the Equity for Latinx/Hispanic Healthy Aging and the Lifespan Assessment Through Integrated Neuropsychology Clinic address disparities in healthcare by offering bilingual training for medical professionals and conducting testing in patients’ native language.
Ex-gymnastics coach gets 90 years for secretly filming young athletes
If you or someone you know has experienced sexual violence, RAINN’s National Sexual Assault Hotline offers free, confidential, 24/7 support to survivors and their loved ones in English and Spanish
Woman allegedly hit business owner with a closed fist when he tried to stop robbery
News4 NBC Reno covers news, sports, weather and traffic for the Reno, Nevada area including Sparks, Carson City, Virginia City, Silver City, Stagecoach, Silver Springs, Sun Valley, Cold Springs, Spanish Springs and Fenley, Nevada and Truckee and Tahoe City, California.
Lionel Messi buys football club
News now that Lionel Messi has bought a football club. Spanish outfit Eldense officially announcing that the club has been purchased by the Argentine international.
Barcelona keeping a close eye on situation of Chelsea star
The board at La Liga giants Barcelona are keeping a watchful eye on developments surrounding the future of Chelsea starlet Estêvão. This comes with a view to a potential move for his signature in th...
Ceuta and the Politics of Not Naming
The Ceuta gray-zone crisis reveals how migration pressure, political ambiguity, and delayed attribution shaped Spain’s response to Morocco.
ESMO 2026 Survival Guide for Advocates: Science, Spanish, Stickers and a Little Madrid Magic
ESMO 2026 Survival Guide for Advocates: Science, Spanish, Stickers and a Little Madrid Magic / cancer, ESMO, ESMO2026, Lived Experience, Lived Experience
Award-winning Kashmiri filmmaker Arfat Sheikh detained by US immigration authorities
By Kanishka Singh WASHINGTON, Oct 7 (Reuters) - An award-winning filmmaker whose work has explored conflict in his native Kashmir has been detained by US immigration officials after legally coming
Avatar Entertainment Adapting Novel 'La Caza Del Ejector' As TV Series
Avatar Entertainment has acquired rights to Spanish journalist Vicente Vallés' novel 'Hunting the Executioner' ('La Caza del Ejecutor')
Stephen King and Peter Straub’s Other Worlds Than These Will Break Your Heart
‘The Talisman’ finale is an emotional adventure story, resurrecting old friends, forgotten memories, and vanished worlds.
José Mourinho sends warning to Real Madrid stars
Real Madrid head coach José Mourinho has this weekend fired something of a warning shot the way of his players in Spain’s capital. This comes amid the assurance that the Portuguese will show no he...
Photo: Barcelona star reunited with Spanish teammates
A photo stemming from the buildup to Spain’s showdown with England on Saturday evening has gone viral amongst those of a Barcelona persuasion.This comes after Blaugrana summer signing Anthony Gordon...
A Spanish-language radio show overflows with voters' frustration in Pennsylvania battleground
Victor Martinez, who runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley, talks about voters’ frustration with everyday realities like higher fuel prices and inflation ahead of next month’s closely contested midterm election
Barcelona expressing fresh interest in Sporting star
The board at La Liga giants Barcelona are keeping a close eye on the situation of Iván Fresneda in Portugal, with a view to a potential future bid for the defender.The situation at right-back at the ...
Porsche Just Vanished Another Reason Not To Daily A Used Cayman Or 911
Infotainment retrofit option has been expanded to bring CarPlay and Android Auto to multiple Porsche models built between 2009-16
Nico Williams sends message of support to Cristiano Ronaldo
Athletic Club star Nico Williams has on Friday become the latest high-profile football figure to make public his backing for Real Madrid legend Cristiano Ronaldo.This of course comes amid a drama-fill...
Avatar Entertainment Adapting Novel 'La Caza Del Ejector' As TV Series
Avatar Entertainment has acquired rights to Spanish journalist Vicente Vallés' novel 'Hunting the Executioner' ('La Caza del Ejecutor')
Democrat José Javier Rodríguez launches 'Give 'Em Hell' statewide ad campaign in Florida AG race
The ad, released in both English and Spanish, centers on Rodríguez's background and career while sharply criticizing incumbent Republican Attorney General James Uthmeier.
Are Bank Lobbies Still Relevant?
Local banking leaders say technology is changing the way customers use their banks — and their lobbies By Deborah Jeanne Post [caption id=attachment_11109 align=alignright width=300] Steve Gorczynski is M&T Bank Central New York regional president.[/caption] When was the last time you entered the lobby of your bank? If it’s been a while, you’re part of a trend of eschewing the lobby in favor of ATMs, drive-thrus, online banking and remote deposit. A 2025 study performed by the American Bankers Association revealed that only 9% of consumers use bank branches as their preferred way to do banking and 76% prefer mobile banking. The trend away from the lobby reflects consumer behavior in other areas of doing business, including online shopping instead of perusing the mall, ordering fast food at a kiosk, not at the counter and selecting curbside pick-up rather than walking into the restaurant. Consumers want convenience and going in the lobby adds another layer to the task. It also places consumers face to face with one or more representatives of the business, something less favorable to people feeling burned out from interpersonal interactions. Nixing or at least minimizing the size of the lobby isn’t necessarily negative for banks. Fewer people passing through their doors reduces overhead for building maintenance, staffing and furnishing. Greater reliance on virtual banking can mean closing brick and mortar locations and hiring fewer staffers to cover roles like teller and lending officer. “Our focus is on meeting customers where they are and giving them flexibility in how they bank,” said Steve Gorczynski, M&T Bank Central New York regional president. “While many everyday transactions can be supported digitally and through ATMs, branches remain important for more complex financial needs, offering face-to-face guidance and a more personal banking experience.” Talking with a commercial lender or working on a home mortgage are two examples where meeting face-to-face is more desirable for many people. They can receive immediate feedback to questions and can possibly reach their goals more quickly. But there’s little need to have a large seating area, long counters and numerous tellers for routine banking that’s quicker to handle virtually. Online banking can also help people on the go more readily complete banking tasks such as depositing checks, transferring funds among accounts and checking balances. [caption id=attachment_11135 align=alignright width=300] Tina M. Stephens is the vice president branch administration for Fulton Savings Bank.[/caption] “The traditional bank lobby is certainly being evaluated by most institutions today, as the typical large, open and cavernous spaces do not necessarily meet the needs of today’s customers,” said Tina M. Stephens, vice president branch administration for Fulton Savings Bank. “Traditional lobbies often bisect traditional teller stations and customer service areas, which adds confusion, especially for the demographic who routinely use online banking and only access the lobby for customer service needs.” Despite the rollback in physical locations across the industry, Fulton Savings Bank began modernizing its six branch offices in Oswego and Onondaga counties about three years ago and have finished four offices so far in Baldwinsville, Fulton, Constantia, and Phoenix. “We made the decision to build a new branch across the street from our current office in Brewerton which will be completed by the end of 2026, and we will begin the retrofit of our Central Square office in early 2027,” Stephens said. “Our efforts specifically address where we think customers will be in the next three to five years and have greater flexibility to make changes out into the future.” The bank may be onto something, as numerous reports state that screen-weary Gen Z young adults crave more in-person interactions than virtual ones. If the pendulum continues to swing in that direction, it’s hard to see all physical bank areas disappear, even if they change somewhat. Fulton Savings Bank has also consolidated its teller and customer service representative areas to larger “universal banker” areas, where the bank representative can address all customer retail needs. A one-stop-shop experience appeals to busy banking customers who want to perform a few different banking tasks in one visit. Stephens also said that Fulton Savings Bank made additional technology and security enhancements and created flex spaces to accommodate bank meetings throughout the two-county branch footprint. At Solvay Bank, Elizabeth Lavier, vice president marketing and communications manager, lauded digital and online services as convenient and flexible for managing finances; however, “technology is not meant to replace what matters most: the relationships behind every account that have always been at the heart of community banking,” she said. “Even in today’s digital-first world, people of all ages still value the opportunity to sit down with a trusted banker for personalized guidance. We understand that some of life’s biggest moments call for more than a screen.” Lavier views digital banking as another way for the organization to serve customers rather than a replacement for branches, tellers and lenders, which tend to serve customers better for transactions like buying a first car, purchasing a home, saving for a child’s education, or planning for retirement. “Those conversations, built on understanding, experience and personal guidance, are what community banking is all about,” Lavier said. “At the end of the day, banking is about more than transactions. It’s about helping our customers achieve their goals and being there for them every step of the way. By combining the convenience of digital banking with the care, commitment, and personal service of a local community bank, Solvay Bank offers customers the best of both worlds.” Are Paper Checks Destined to Disappear? With the ubiquity of debit cards, online payments, virtual checks and peer-to-peer payment platforms like Venmo, Zelle and PayPal, will paper checks become passe? “In my view, paper checks are unlikely to disappear in the near future,” said Tina M. Stephens, vice president branch administration for Fulton Savings Bank. “They continue to serve a practical purpose by providing a clear paper trail and tangible proof of payment.” According to the American Banker, a leading trade publication that covers the banking and financial industry, in 2024, checks accounted for 65% of all payment fraud losses. Paper checks should be phased out, according to the publication. “The phrase, ‘The check’s in the mail’ probably sounds strange to younger people because the era of paper checks is rapidly drawing to a close. Put bluntly, checks are an expensive, insecure legacy that is a drag on the U.S. economy. Rather than wait for them to vanish slowly, the pragmatic choice is to strategically accelerate the transition to paperless payments.”
Barcelona monitoring 6 up-and-coming young talents
The scouting department at La Liga giants Barcelona are keeping a close eye on the development of no fewer than six young players from across world football at present.That’s according to Diario Spo...
This ancient fruit tree thrives with little water—and hides surprising health benefits - Futura-Sciences
An Overlooked Mediterranean Classic This fruit tree yields small “apples” that ripen from yellow to red in September, yet it’s been off the horticultural radar for a long time. That tree is the azarole (Crataegus azarolus), sometimes called the Spanish thorn or azarolier. Rare and seldom noticed, it’s high time...
Alessio Milivojevic Remains Spartans QB, but Patience Is Growing Thin
Freshman promise has vanished behind a crumbling offensive line as Milivojevic’s turnover-prone struggles force Michigan State to decide if their struggling starter can still salvage the season.
Aarhus Business College Students Bring Global Learning to Brookdale
Brookdale Community College is welcoming students and faculty from Aarhus Business College in Denmark to campus for its Second Annual Study Tour. This immersive international experience combines academics, business, culture, and community. The Danish delegation
Today's 5 headlines: Clásico preview; Spanish wins in Europe
Good morning and happy Friday. Yesterday brought the European and South American international action to a close. Here are the day's top 5 stories to keep you up to date with the football world. The b...
Stand Up for Science Traces the Surprising Story Behind Ozempic and Related Drugs in the Latest 'Traces
Venom from a desert lizard, a hormone that vanishes in minutes & 40 years of persistence: the “overnight” weight loss drug revolution wasn’t overnight at all
Spanish-language radio show overflows with frustrated voters in Pa. battleground
Victor Martinez runs a Spanish-language radio station in the Lehigh Valley and regularly hears voters' frustration with everyday realities.
Spanish politicians trade blame after death of octogenarian at heart of housing protests
Maricarmen Abascal had been hospitalised for severe anxiety and exhaustion since her dramatic eviction on September 23.
The Next Pandemic Might Already Be Taking Shape at the Edge of the World’s Vanishing Forests
Outbreaks cluster where people, livestock, and damaged ecosystems collide, a new Nature study finds.
Spanish PM Pedro Sánchez looks for political lifeline in snap election
Embattled Socialist leader aims to capitalise on housing crisis to remain in power
Real Madrid star forced off with injury on international duty
La Liga giants Real Madrid have on Friday evening been dealt a potential blow on the personnel front. This comes after star goalscorer Kylian Mbappé picked up a fitness problem whilst on internationa...
ESPN's Super Bowl 61 broadcast to also stream on Disney+
ESPN announced on Tuesday that its broadcast of Super Bowl 61 will also be streamed on Disney+. Disney+ will stream the ESPN/ABC broadcast as well as the Spanish-language telecast on
🗞️ England's papers are embarrassed by Manchester City
Wednesday’s press splits its front pages between two historic teams: the Spanish national team and a Manchester City that looks set to be stained for life by the charges brought against it by the Pr...
Tebas’s Real Madrid TV comments draw CSD review
Spain’s Consejo Superior de Deportes (CSD) is studying whether to act on its own initiative over remarks by LaLiga president and Spanish federation vice-president Javier Tebas about Real Madrid TV, ...
Arsenal reignites interest in Spanish full back
Arsenal are one of the clubs that have held a long-standing interest in Ivan Fresneda, having followed the Spanish right-back since his time at Real Valladolid.Fresneda was tipped for greatness when h...
Ally of Spanish PM threatens to derail housing decree as fury over evictions grows
Spain's leftist government faced a bruising battle in parliament on Friday after an allied party opposed its plans to tackle a housing crisis stirring public protests, particularly over the eviction of an 87-year-old woman.
A growing number of House Republicans privately believe they won’t win the House
Four weeks to Election Day, a growing number of House Republicans privately fear their chances of holding onto the majority are vanishing and have begun focusing on how to limit the size of a potential Democratic wave.
The Politics of the Planetary
The French philosopher Guy Debord and Danish painter Asger Jorn built their book Mémoires (1959) out of a collage of purloined material. Newspaper clippings, magazine advertisements, cartoons, cutups of maps…
CBS Sports Adds U.S. Spanish-Language Rights For Concacaf Champions Cup on Paramount+
CBS Sports Adds U.S. Spanish-Language Rights For Champions Cup
MIPCOM 2026: 3Boxmedia unveils new documentary slate featuring science, nature, and current affairs
The Spanish-German distributor is launching a diverse lineup of factual content spanning travel, climate investigation, science, and 4K wildlife productions for the market in Cannes.
Mole Rats Get Stressed When Earth's Magnetic Field Vanishes, Study Suggests
The dark side of magnetic attraction.
Banished Michael Foote from ‘The Traitors’ is ‘coming for their f---ing wigs’
Michael Foote from ‘The Traitors: New Blood’ is ‘still mad’ about his banishment: ‘I’m coming for their f---ing wigs.’
Anthony Gordon Takes Aim at English Football After Barcelona Start
Anthony Gordon fit Barcelona like a glove. Although his signing drew widespread criticism, especially over the cost, the forward has responded by helping the culé side secure victories. After a strong start in Spanish football, the English player has responded to his critics. The blaugrana side paid €80 million to Newcastle United to secure the […] The post Anthony Gordon Takes Aim at English Football After Barcelona Start appeared first on HEAVY.
Jimbo Fisher continues defense of Texas A&M's 'historic' 2022 class
Texas A&M's 2022 recruiting class has mostly vanished, leading former coach Jimbo Fisher to defend his legacy in College Station.
1,000-mile-long cloud that forms and vanishes on Mars every day obeys 'exotic physics' never seen on Earth
New simulations suggest that the perplexing Arsia Mons Elongated Cloud (AMEC) repeatedly emerges in the Red Planet's skies thanks to a never-before-seen meteorological process.
Morikawa says LIV players face 'business decision' after Rahm exit
Double major winner Collin Morikawa said Thursday that LIV Golf players have to make "a business decision" about their futures, after Jon Rahm's lawyer said the Spanish star was quitting the breakaway…
Los Javis storm global cinema with 'La Bola Negra.' It might mean Oscar glory for Netflix
“La Bola Negra,” a $15 million Spanish queer epic, is expected to challenge “The Odyssey” for best picture | KMBZ
UCF's Defense Struggles to Close in 27-17 Loss
A dominant start crumbled as a relentless Houston ground game capitalized on short fields and a vanishing pass rush, leaving the Knights searching for answers before facing powerhouse ranked opponents.