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Philadelphia Mall Owner Takes Care Of Its Own

PYMNTS

Just this week, investors in Starwood Capital Group started to show signs of strain after the pandemic shuttered stores and wiped out emergency cash reserves, leading to default on a $700 million loan. But apparently they’re doing something right in Philadelphia. PREIT has had to absorb some of the same losses as its colleagues.

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Republic First got a hand up from investors. Is it out of the woods?

American Banker

A $35 million capital bump from a once-hostile investor group may have helped the Philadelphia bank avoid collapse. Still, it reported $30 million of quarterly operating losses and heavy securities risk in a recently filed call report.

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Prosecutors Target Loosely-Regulated Business Lending Sector

PYMNTS

One business owners said he felt as if he were dealing with an entity almost like “a gangster operation.”.

Lending 237
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Equifax Silent On Earnings Date

PYMNTS

After a massive security breach that leaked the personal information of 145.5 Securities and Exchange Commission, when it will then have 40 days after the close of a quarter to report its financials to investors. Earlier this month, following another security issue with Equifax’s website, the U.S.

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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.

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The Global Bike-Share Boom: Dockless Models Look To Solve Urban Commutes & Transit Access

CB Insights

With the proliferation of consumer-ready mobile payments, IoT, and mature GPS technology, costs to build remote locking and tracking systems plummeted, allowing bike-share operators to build dockless systems. Bike-share operators report that commuting purposes rank among the top reasons for membership. Get Our AutoTech Newsletter.

System 52
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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

capital appreciation and dividends. Texas Capital Bancshares, Inc. versus 68.5%, respectively) and its operating expenses as a percent of average assets compared to peer banks (1.66% versus 3.09%, respectively).So, So, as a branchless bank, BofI has leveraged its significantly lower operating expenses into profit.