An improving credit landscape means fewer loans are delinquent - and fewer people are needed to service these loans.
— Kayla Tausche
When SoFi launched in 2011, it focused squarely on the burgeoning student loan market - a market that, unlike housing, had no viable option to refinance both federal and private student loans from higher interest-rate eras.
At Capital One 360, a customer forfeits the in-person experience to save money. If the app or website is down, a customer must send a deposit by mail.
I'm trying to get on the yoga/pilates train, but I can't seem to sit still. I imagine a lot of reporters would say the same.
I always take a fiction break in between business books to keep the content from bleeding together.
The easier question might be, 'What isn't Alibaba?' The company is only 15 years old, but it has gotten so big over that timeframe that it basically touches every single part of the Chinese economy. I think the simplest comparison to draw is that it is like eBay and Amazon combined.
April Fool is widely considered one of the top yachts ever built by Feadship, the famed Dutch shipyard. Launched in 2006, April Fool has a huge master stateroom, a Jacuzzi on the fourth-level sun deck, a sauna, and sprawling outdoor dining lounge. The yacht first came onto the market in 2011 with a price of $69.5 million.
Peer-to-peer lenders originally sought to attract retail investors to its loan marketplace, but the lack of high-returning assets elsewhere in the market has made these platforms increasingly attractive to major asset managers and hedge funds.
Banks now want you to pay for face time, as more institutions charge fees for what was once the ritual for withdrawing and depositing your money: interacting with a teller.
Live television invites a lot of comic relief, and I've definitely had my share. I got tongue-twisted on the word 'prevalent' once; had a homeless man accost me during a segment; and got my mic snagged off when a congressional staffer barged into my frame.
Certainly, some of the anti-bank rhetoric has shifted a little bit, but on either side of the aisle, there seems to be different tacts. On one side of the aisle, you see a proposed scaling back of Dodd-Frank. On the other, a proposed reinstatement of Glass-Steagall.
Everything from Washington's handling of the N.S.A., as well as Apple launching a new iPhone. These events can move billions of dollars in the stock market, and it seems as if the East Coast and West Coast are merging in some respects, so we felt like we needed a little bit more from a content perspective to match what our audience was looking for.
Dan Loeb has become a billionaire searching out value in financial markets.
At Bank of America, customers shunned a product that offered fee-free checking without access to branches.
Staffing branches with tellers can be considered a premium service in a world where fewer customers visit bank branches for transactions.
Some of the closest friends you make in TV are the producers who travel on field assignments with you - you're together 24/7.
I think that, in addition of the intersection of media and technology, there has also been an intersection between technology and finance, which is something I find a little closer to home, seeing as I spend so much time covering Wall Street banks.
