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How The Fed Will Impact Your Deposit Beta

South State Correspondent

Therefore, we would expect industry beta to be closer to that seen in the 2004 to 2007 tightening cycle of 40% to 50%. Those community banks that do not directly compete against national, regional or online lenders will also have lower betas. How to Apply to Your Bank.

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The Top 20 Venture Capitalists

CB Insights

15 of the top 20 operate in the Greater Bay Area. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. In October of 2004, Josh founded First Round Capital where he serves as General Partner to this day. Operating Location: Philadelphia, PA. Operating Location: Menlo Park, CA.

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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. For the retailer, there are real technological barriers: Most retailers have limited technology experience — even the more sophisticated operators — and many do not have even basic websites.

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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.

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Guest Post: Third Quarter Economic Commentary by Dorothy Jaworski

Jeff For Banks

Remember that we are five years in this recovery and we are only managing 2.2% 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. Thank you for all that you have done for our Philadelphia region over your years here!

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

Jeff For Banks

In our region, the Philly Fed indices of business activity all turned negative in December, but, hey, higher rates will help, right? CERN, the operator of the Collider, is eyeing its own future construction of a bigger machine to triple its distance. Dorothy has been with Penn Community Bank and its predecessor since November, 2004.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

While the rules against prop trading have more recently been loosened, the restriction has still changed how investment banks operate. In the world of asset management, the biggest players are now dedicated firms like Vanguard. Total assets under management (AUM) at the top asset managers now dwarfs total AUM at the top banks.