PYMNTS
AUGUST 6, 2018
Wells Fargo , the embattled national bank, disclosed in a Securities and Exchange Commission filing that hundreds of individuals saw their homes in foreclosure because of a glitch in software the company used. The United States alleged that, in 2005, Wells Fargo began an initiative to double its production of subprime and Alt-A loans.
PYMNTS
DECEMBER 16, 2016
This week, our Tech Center Roundup heads to Belarus to see how the nation has become one of the largest and most established places in Europe for information technology outsourcing. The nation is known for its well-educated population and low labor costs. million people.
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TrustBank
DECEMBER 8, 2022
The only time US personal saving has been this low was back in 2005 when it bottomed out at 2.1%. The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. in October. Recall the NINJA loans (No Income, No Job, Apply).
Filene
OCTOBER 3, 2016
A 2013 FDIC National Survey of Unbanked and Underbanked Households showed that more than 30% of household members under the age of 24 are unbanked—significantly higher than older generations. So in 2005, we approached the Director of the Boys and Girls Club with an idea of how Summit might bring its strength to the table.
PYMNTS
JUNE 21, 2018
accounting for more than a third of the nation’s workforce, according to stats from Upwork and Freelancers Union. “There is a ‘getting-serious’ moment, whether it comes around tax time, or the moment they realize they could actually run this business full time. There are an estimated 57.3
PYMNTS
JULY 4, 2016
Tel Aviv Fuels Israel’s ‘Startup Nation’ Reputation. The “startup nation” is recognized for not just brimming with tech innovation, but also harboring more high-tech startups and a larger venture capital industry per capita than any other place in the world. Startups are estimated to employ nearly 300,000 on the island nation.
CB Insights
FEBRUARY 28, 2019
For investors as a whole, returns decrease as motion increases.” ( 2005 ). “Be In the early 70s, See’s was able to produce about $2M a year (after tax) on just $8M in net tangible assets (including all accounts receivable.) A few years later, however, See’s was earning 65% of its net tangible assets after tax.
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