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Number of U.K. Firms In Significant Financial Distress Jumps

PYMNTS

Businesses considered to be in “significant” financial distress have had a minor County Court Judgment filed against them, or have been identified by Begbies Traynor’s credit risk scoring system. s growth post-Brexit, yet these figures indicate that many will struggle to fund increases in working capital and invest in growth.”.

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The Great Credit Card Program Outsourcing Debate

PYMNTS

Among the biggest debates is how to construct and operate the best card program possible – a decision that served as the foundation for a new PYMNTS interview with Jim Geeslin, head of strategy for Elan Financial Services , an agent credit card issuer. “The Do FIs want to navigate card programs through that?”.

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Data Dive: Disappointment Edition

PYMNTS

Without a complete picture of millennials’ credit, many financial services companies are turning away good consumers, and the bad news for financial institutions is that only 10 percent of millennials will re-apply to the same lender once they have been declined.”. Investments pushed Amazon’s operating margin down to 1.8 Amazon’s $0.52

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Transcript: David Snyderman, Magnetar Capital

Barry Ritholtz

00:06:01 [Speaker Changed] So you end up as head of global credit and senior managing director at Citadel Investment Group, was that right? So the, the first one that I think about is the investing business itself is an operating business. Did they seed you, did they invest you? When are you gonna start investing?

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LendingClub Settles With SEC, DOJ

PYMNTS

The investigation also discovered irregularities with asset management arm LC Advisors (LCA), a sub-unit of the company dedicated to using loans to construct funds for investors. LCA and Laplanche, along with former CFO Dolan, were also charged with improperly adjusting fund returns. million Series C round in April of 2010.

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Transcript: Greg Davis, CIO Vanguard

Barry Ritholtz

Greg Davis, Chief Investment Officer at a little shop called the Vanguard Group, which manages $8 trillion. Few people are in a position to see what’s going on in the world of investing, whether it’s institutional or retail, better than Vanguard CIO. GREG DAVIS, CHIEF INVESTMENT OFFICER, VANGUARD GROUP: Thanks, Barry.

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Transcript: Ted Seides

Barry Ritholtz

Let’s talk a little bit about your alternative investments career. And so alongside of Wall Street recruiting in my senior year, I interviewed at the Yale Investments Office and was fortunate to get that job and violated the two principles I had at the time, which was I wanted to be in a training program and I wanted to leave New Haven.