filter_list Showing 6 results for "Bank of America Private Bank" close Clear
search
dashboard All 6 trending_up market 3museum exhibitions 1article local 1article news 1
date_range Range Today This Week This Month All
Subscribe

paint drippings art industry news feb 2 spanish dealers

A series of significant developments occurred across the global art industry this week. Expo Chicago announced a scaled-back edition under new director Kate Sierzputowski, while the Outsider Art Fair revealed its exhibitor list. A long-lost Renaissance portrait by Sofonisba Anguissola resurfaced at the Winter Show. Christie's will sell the collection of the late MoMA trustee Barbara Jakobson, featuring works by Jeff Koons and others. Bonhams made a key hire, and Sotheby's priced a major art-backed securitization. In gallery news, Alissa Friedman returned to Salon 94, Mary Cork joined Lehmann Maupin London, and several artists gained new representation, while New York's Francis Irv gallery announced its closure.

sothebys charles stewart supply and demand

Sotheby's CEO Charles Stewart told CNBC that the art market has entered a new phase this fall, with supply finally catching up with demand after months of strong bidder activity. New York's marquee auction houses are preparing for sales expected to total more than $1.4 billion, a roughly 50% jump from last year, driven by major consignments including the estate of Leonard Lauder (55 works valued at over $400 million, led by Gustav Klimt's Portrait of Elisabeth Lederer) and collections from Jay and Cindy Pritzker. Christie's highlights include a Monet Nymphéas, a David Hockney portrait, and a Mark Rothko, each estimated at $40–60 million.

May 2026 Free Museum Days In San Francisco, From SFMOMA To The Legion Of Honor

A guide published in April 2026 lists free admission days at San Francisco museums and gardens for May 2026. Participating institutions include the Asian Art Museum, Legion of Honor, de Young Museum, SFMOMA, Conservatory of Flowers, San Francisco Zoo, GLBT Historical Society Museum, Museum of Craft and Design, Museum of the African Diaspora, SF Botanical Garden, and Japanese Tea Garden. Many venues also offer recurring free days for Bay Area residents, EBT cardholders, and library card holders through programs like Museums for All and Discover and Go.

fed reserve interest rate cuts art market loans

The Federal Reserve cut its benchmark interest rate by 0.25 percentage points, the first reduction since December, bringing rates to their lowest level since late 2022. Art finance experts Anita Heriot of the Fine Art Group and Joshua Greenberg of Bank of America Private Bank told ARTnews that while the cut is unlikely to create new art buyers, it could stimulate art lending and borrowing against collections, as lower rates reduce the cost of carrying debt. The move signals a potential trend of further rate declines, which may encourage collectors to reengage with the market, especially amid softening art prices.

Asheville Art Museum exhibit spotlights American Impressionism

The Asheville Art Museum in North Carolina will present "In a New Light: American Impressionism 1870–1940 | Works from the Bank of America Collection," an exhibition featuring over 120 works that trace the development of American Impressionism and its break with academic tradition. The show runs from February 7 through June 29, 2026, and is made possible through the Bank of America Art in our Communities program, which loans exhibitions at no cost to nonprofit community museums.

Anxious collectors are increasingly turning to freeport havens, experts say

Rising tariffs, geopolitical instability, and extreme weather events are driving art collectors to move valuable items into secure, tax-friendly freeports, particularly in Switzerland. Experts Alexandre Ducamp of Natural le Coultre and Fritz Dietl of Delaware Freeport report a significant increase in clients over the past three years, citing the war in Ukraine, multiple ongoing conflicts, and President Trump's April 2025 'Liberation Day' tariffs as key factors. Collectors are using freeports in Geneva, Zurich, Basel, and Chiasso, as well as foreign trade zones in Delaware, to delay or avoid import duties on items like design furniture, antiques, and Chinese-origin artworks, with some purchases being cancelled due to new tariffs.