PYMNTS
SEPTEMBER 12, 2017
London scored 24 points above New York City, representing the largest gap between the two since the GFCI first launched in 2007. Research released earlier this month from Boston Consulting Group and Clifford Chance found that banks may see restructuring costs as high as $18 billion and, as a result, may lead to higher banking costs for SMBs.
Chris Skinner
FEBRUARY 8, 2017
Around 2,500 people respond to the survey and in its first year, March 2007, the winners were: London New York Hong Kong Singapore Zurich Frankfurt Sydney Chicago Tokyo Geneva No Dubai. No China, although Hong Kong would be it.
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PYMNTS
MARCH 23, 2020
David Joy, chief market strategist with Ameriprise in Boston, said while he applauds the Fed for trying, it simply won’t be enough. The Fed made it very clear that the financial system is not going to have a freeze-up like in 2007 and 2008. They’re going to buy almost every debt instrument asset out there that will prevent this.
PYMNTS
OCTOBER 26, 2016
With the firm’s founding in 2007, the first Guideshop was at the company’s headquarters in the Flatiron District. The first standalone location was in Boston in 2012. That insight has led the firm to push harder into opening new locations, having found that customers have asked to, and desire to, come in and try on clothing.
Jeff For Banks
JANUARY 11, 2014
According to a 2012 Boston College Center for Retirement Research study , 63% of American males (why only males I do not know) participated exclusively in defined contribution (DC) retirement plans in 2007, up from 47% in 1992. Those that participated in defined benefit (DB) pension plans was 16% in 2007, down from 31% in 1992.
PYMNTS
FEBRUARY 7, 2020
The Staples Connect concept, which offers experiences and solutions as well as a place to transact, debuted in multiple Boston area stores on Feb. The Coventry location had regularly registered losses as of its 2007 opening, as consumers chose to instead shop via retail parks or eCommerce. The store will shutter in the summer.
Insights on Business
FEBRUARY 6, 2018
According to Boston Consulting Group, banks across the world have paid nearly USD 321 billion in fines since the financial crisis of 2007 and 2008, as the regulators are more focused than ever on compliance. Financial crimes go beyond just the monetary fines; the risk of accompanying reputational damages are hazardous as well.
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