PYMNTS
JULY 28, 2020
The offering will be led by Goldman Sachs Group Inc., Morgan Stanley , Credit Suisse Group AG, JPMorgan Chase & Co. Gilbert, who also owns the National Basketball Association (NBA) team the Cleveland Cavaliers , controls 79 percent of the voting power for the company’s common stock. His net worth is sitting at $7.8
PYMNTS
JUNE 11, 2020
The target valuation hasn’t been decided, although it could be in the tens of billions of dollars, and Quicken Loans is working with Morgan Stanley , Goldman Sachs , Credit Suisse and JPMorgan on managing the deal, the sources said.
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PYMNTS
NOVEMBER 14, 2017
The recent release of a study by the Cleveland Federal Reserve has managed to increase the decibel level of that debate. Cleveland’s Dark Outlook. According to the Cleveland Fed survey, the online lending customers also showed lower credit scores on average, more delinquent debt and more total debt outstanding.
PYMNTS
JULY 20, 2016
Reuters is reporting that Yahoo has attracted five groups into the final round of bidding on its core business, with Verizon, Quicken Loans founder and Cleveland Cavaliers owner Dan Gilbert and Vector Capital Management leading the way. According to Bloomberg , the remaining pair of bidders is made up of AT&T and TPG.
PYMNTS
APRIL 25, 2018
Managing a kitchen is not easy work — it’s a leading cause of stress for the people (mostly women, mostly mothers) who do it. I barely have time to shop, let alone cook,” one 37-year-old mother from Cleveland, Ohio told Today a few years ago. The pressure is high to get a nutritionally-balanced, home-cooked meal on the table every day.
PYMNTS
JANUARY 31, 2018
The effort will address challenges in three key areas: digital solutions to manage finances and speed payments for gig and next-gen workers and small businesses, government services that foster greater innovation and efficiency, and new tools to enable smart cities to support this digitally inclusive future.
Insights on Business
APRIL 21, 2017
Practical experience suggests cognitive systems can be extremely effective facilitators of change in managing risk and compliance, whether it is to understand the constantly changing regulations, or to address the compliance requirements.
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