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Yahoo! Is! For! Sale!: Why Banks Should Care

Celent Banking

The announcement in December came on the heels of a nearly 12-month project aimed at spinning its 15% interest (worth $30 billion) in Alibaba, the Chinese e-commerce company, to its shareholders, a transaction that has been abandoned over tax concerns. By spinning out the Alibaba stake to Yahoo!’s It was Google that improved on Yahoo!’s

Google 100
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Predicting the Next Banking Crisis Is a Fool’s Game. Not Learning From the Last One: Equally Foolish

Jeff For Banks

Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. To you, manage your interest rate risk.

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The Connected Economy: It’s About Time

PYMNTS

The 2020s will be defined by the innovators who understand that time is a currency people truly value — and they will use technology and connected devices to maximize each unit of time. Benjamin Franklin wrote in 1789 that the only certainty in life was death and taxes. movies they saw in 2002. Maybe even spendable.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. At the same time, financial upstarts have built technologies that could eventually cut into the relationship-driven work that investment banks are used to doing.

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Fools Rush In: 37 Of The Worst Corporate M&A Flops

CB Insights

in 2005, the thinking was that enhanced communications technology would help buyers and sellers better connect. The companies served different user bases: Nextel was more of a business brand, with customers often drawn to its signature walkie-talkie technology. Toshiba was forced to write off $6.3B eBay and Skype. Price: $2.6B.

Google 76
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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

Brown, instead of managers getting stock options or guaranteed bonuses, every manager got paid $7,800 a year (the equivalent of about $14,500 today), plus “a designated percentage of the profits of the company after these are reduced by a charge for capital employed.”. The result of this type of plan was to make each manager at H.

Omaha 78
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The 225 Fintech Unicorns of the 21st Century (Aug 2021)

Fintech Labs Insights

168t ($1.3B): USA crypto tax software provider TaxBit. Ant Technology. Plaid Technologies. Mercury Technologies. . #108t ($2.5B): Personal finance app Uala based in Argentina. 126t ($2B): American RE investing specialist Divvy Homes. 126t ($2B): Nigerian payment company Opay. 180t ($1.1B): Indian crypto exchange CoinDCX.