Remove 2004 Remove Capital Remove Operations Remove Regional
article thumbnail

How The Fed Will Impact Your Deposit Beta

South State Correspondent

We calculate that online banks like American Express, Capital One, Marcus (Goldman Sachs), Ally Bank, and others hold a little over 9% of all domestic deposits. Therefore, we would expect industry beta to be closer to that seen in the 2004 to 2007 tightening cycle of 40% to 50%. How to Apply to Your Bank.

article thumbnail

Why Banks Merge: Listen to the Sellers

Jeff For Banks

September 2004, driving from a meeting in New York, on the grossly miss-titled Cross Bronx Expressway, Nathan Stovall, a reporter from SNL Financial gave me a call. Read: We need to be bigger and have more capital to keep up with regulation and the industry. Read: We only have $10 million in capital and can''t get more on our own.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How The Wealthiest People In Southeast Asia Are Investing In Tech

CB Insights

Southeast Asia has an assortment of extremely wealthy families that have dominated its investing landscape for years — and a few are taking particular interest in the region’s growing tech scene. The regions wealthiest families and individuals are competing for deals alongside venture capital firms, Chinese tech investors, and others.

Capital 71
article thumbnail

The Top 20 Venture Capitalists

CB Insights

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. 15 of the top 20 operate in the Greater Bay Area. 15 of the top 20 operate in the Greater Bay Area. Below are the detailed profiles of the Top 20 Venture Capital Partners.

article thumbnail

Uber of X: greenRush is The Uber of Cannabis

PYMNTS

Not until 2004 did cannabis become legal for non-medical use in certain areas of the country. One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. Measure M was passed earlier this month allowing ordering and delivery platforms to operate in and around the LA region.

Las Vegas 140
article thumbnail

Guest Post: Third Quarter Economic Commentary by Dorothy Jaworski

Jeff For Banks

There is no way to know exactly how much money will ultimately move and land with Bill at Janus Capital, his new home. Our Bank’s Senior Vice President of Deposit Operations and Information Technology, Karen Shinn, knows all too well the risk and costs of these breaches to banks. Thanks for reading!

article thumbnail

Guest Post: Fourth Quarter and Year End Economic Commentary by Dorothy Jaworski

Jeff For Banks

Between February and November, 2015, foreign capital was pulled out of the country to the tune of $843 billion. In our region, the Philly Fed indices of business activity all turned negative in December, but, hey, higher rates will help, right? Dorothy has been with Penn Community Bank and its predecessor since November, 2004.