I'm a big believer in points that you can transfer to a variety of different frequent flyer programs -- instead of earning miles with one airline or points with one hotel chain, you pick where you want the points to go later based on...Show More Summary
Sounds like: Tink, Rapsody, Azealia Banks Song: Def Loaf - Back Up (Ft. Big Sean) What's so good? A week after her sexually charged collaboration ("Shawty") leaked online, another Def Loaf track has surfaced. "Back Up" finds Loaf linking...Show More Summary
Greece's banks are running out of money after the government placed strict capital controls on the country last the weekend. The situation is getting worse – tourists are being hit with big charges, while locals are panicking that the...Show More Summary
The addition of Mr. Anderson would prove a big coup for Evercore, as banks rush to set up their activism advisory teams.
By Richard BarryFirst Read wonders if the Republican Party should still be considered the party of big business. Donald Trump vs. Macy's. The battle over the Ex-Im bank. Conservatives decrying the same-sex marriage ruling, immigration reform and normalization of relations with Cuba. Show More Summary
“Daddy! Daddy! I don’t wannabe a fireman, spaceman, or a monkey anymore. When I grow up, I wannabe a Risk & Compliance Officer!” Until recently, if you’d said the word ‘FIFA’ to anyone under the age of consent, they’d have thought you were referring to EA Sports’ highly-successful online game. But suddenly, [...]
First Read: “Donald Trump vs. Macy’s. The battle over the Ex-Im bank. Conservatives decrying the same-sex marriage ruling, immigration reform and normalization of relations with Cuba. A lot of stories in the past week have demonstrated how the Republican Party [...]
Why won’t the Republican hopeful come clean about his involvement with two of Wall Street’s biggest banks?
The Export-Import Bank’s charter expired on June 30. What is commonly known as “Boeing’s Bank” is headed toward Washington’s trash bin. When Congress returns, it could revive Ex-Im, which primarily subsidizes big business. But a proper...Show More Summary
Banks have petabytes of valuable customer data but they use about one percent of it.
It shouldn't escape anyone's notice that while discussions of the Greek crisis employ the vocabulary of economics--debt, default, and deficits are the defining terms--the real concerns expressed by those closest to the unfolding disaster are political.
The first half of 2015 is in the books and big banks are looking at league tables — a tabulation of M&A revenues among all the firms. They may not like what they see. Smaller banks are taking their business. In a year where M&A is expected...Show More Summary
Big banks break rules and pay fines. Traditionally it’s just a cost of doing business. Uber, meanwhile, pays fines when drivers violate regulations that stand in the way of its business model. Nowadays banks attract outrage, but Uber is often forgiven in the name of disruption.
2008 is calling, and wants its obvious conclusion back. You might think a big banking sector would be good for economies. After all, we all know that availability of credit for individuals and businesses is key for investment and consumer demand. Show More Summary
The fate of Greece hangs in the balance this week as its set to default today ahead of its Sunday referendum. European Commission President Jean-Claude Juncker made a last-minute offer to Athens in a bid to reach a bailout agreementShow More Summary
On June 30 at midnight or July 1 at 12.01 a.m., the Export-Import Bank’s charter will expire for the first time in 81 years. I hear a lot of people suggesting this isn’t such a big deal since it could still be reauthorized down the road. But that’s underselling what just happened: The bank may get reauthorized after a while, but it may not. Show More Summary
Big banks have been paying out billions in fines in the wake of the financial crisis, in part thanks to unchecked behavior in chat rooms exposing them to prosecutors and investigators. RBS suffered the embarrassment of seeing their employees’...Show More Summary
It's hard to find an official who is comporting himself very well in the wake of the Tsipras surprise announcement of a referendum on July 5 for a then-defunct bailout offer.
The market opened with a thud this morning and big banks are getting hit hard. German markets are down more than two percent in mid-day trading, as well. European markets opened down as much as four percent before rebounding. Of allShow More Summary
Major Aust banks seen as leaders in developed world as questions raised over low rates.