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

Celent Banking

It was only in December when management shared the stunning news that Yahoo! 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.

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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

To you, manage your interest rate risk. By comparison, non-high-tech industries lost 689,000 jobs between 2001 and 2002 but recovered the lost jobs by 2004. I – like many – will use technology to move my money but keep my account open – costing the bank money. My lesson learned to the regulators, read your past lessons learned.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

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. In the world of asset management, the biggest players are now dedicated firms like Vanguard. The disruption of asset management. Table of contents.

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House of Blockchain

Tomorrow's Transactions

As I had contributed to the Parliamentary Office of Science and Technology (POST) work on shared ledger technologies (SLTs), I had been invited to the House of Lords for a slap-up full English and a discussion on the topic with assembled Lords and Commons. Sir Mark had published a report on the technology earlier in the year. .

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

CB Insights

in losses, declare bankruptcy at Westinghouse, and eventually to sell the Westinghouse unit to Brookfield Asset Management. in 2005, the thinking was that enhanced communications technology would help buyers and sellers better connect. In 2007, Daimler sold off 80% of Chrysler to Cerberus Capital Management for $7B. Date: 1998.

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24 Lessons From Warren Buffett’s Annual Letters To Shareholders

CB Insights

He mocks himself for making mistakes, and sings the praises of Berkshire’s army of CEO-managers. Management. Each manager, in other words, would receive a portion of the company’s profits less the amount that they spent, in terms of capital, to generate those profits — a reminder to all that capital was not without costs.

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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.