Remove 2006 Remove Capital Remove Marketing Remove Taxes
article thumbnail

US Banks Expected To Lose 200K Jobs To Technology

PYMNTS

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. Cloud computing, on the other hand, could bring in significant savings, while Big Data would enable “more surgical marketing.”. In separate news, U.S.

article thumbnail

Report: US Banks Will Cut Jobs As Robots, Tech Bring About Change

PYMNTS

In the next 10 years, as robots and other tech bring about the “greatest transfer from labour to capital” the industry has witnessed, per a report by Wells Fargo analysts, U.S. Cloud computing, on the other hand, could bring in significant savings, while Big Data would enable “more surgical marketing.”. In separate news, U.S.

Report 100
Insiders

Sign Up for our Newsletter

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

article thumbnail

Addressing The Symptoms Of Pharmacies’ Cash Flow Ailments

PYMNTS

Taxes, minimum wage, global trade tariffs — there are a lot of regulatory changes weighing heavily on the minds of U.S. More so than the average SMB, independent pharmacies are particularly affected by the state of the healthcare market and its regulatory shifts. But these business owners need capital to expand.

Capital 130
article thumbnail

A Decline in Personal Savings

TrustBank

The BEA calculates the personal saving rate by subtracting taxes from personal income to arrive at “disposable personal income” and then subtracts personal outlays. By the 1990’s, improvements in technology and further changes to securities regulations made it easier for corporate customers to access financial markets directly.

US 52
article thumbnail

What's With Regulator Agita Over Bank Commercial Real Estate Lending?

Jeff For Banks

To remind readers, in 2006 the OCC, Federal Reserve, and FDIC issued joint interagency Guidance on Concentrations in Commercial Real Estate Lending. They need a marketing person to title their reports. It shows the pre-tax profit as a percent of the loan portfolios measured. What is the trend in your market?

Lending 60
article thumbnail

Guest Post: 2012 Economic Year in Review by Dorothy Jaworski

Jeff For Banks

more “promises,” and a constant flow of new money into the markets. The biggest beneficiary of all this Fed activity has been the stock market—which ended the year at some pretty good “handles,” with the Dow above 13,000, S&P 500 above 1,400, and the Nasdaq above 3,000. Oh, wait, our Congress!

Taxes 71
article thumbnail

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

Jeff For Banks

bank failures per year between 1996 and 2006, and 3.6 Finally, resolution of failing financial institutions requires that the deposit insurance fund be strongly capitalized with real reserves, not just federal guarantee.” We knew there was tremendous hubris in the subprime market. Between 1941 and 1979, an average of 5.3

FDIC 78