Remove tag banks net interest
article thumbnail

Analyst: Apple Card Acquisition Costs Estimated At $350 Per Cardholder

PYMNTS

The Apple Card looms, with a rollout that began last week through Goldman Sachs, and according to at least one analysis, the card might underwhelm consumers, lead to muted results (at least at the outset) for its tech and banking backers, and for Goldman, even lead to losses, depending on the economic climate.

article thumbnail

Russia in Ukraine: Let Loose the Dogs of War!

CFO News Room

Finally, I looked at firms based upon price to book ratios as of January 1, 2022, as a rough proxy for growth/maturity, and at net debt to EBITDA multiples, as a measure of indebtedness: In this crisis, the conventional wisdom has held, at least so far, with mature companies holding their values better than growth companies.

Economics 130
Insiders

Sign Up for our Newsletter

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

Trending Sources

article thumbnail

In Wake of Vantiv for Worldpay, Europe Beckons?

PYMNTS

It is a privately held payments business that is (gulp, gasp) profitable and grew revenue at 99 percent annually, as measured in total 2016 gross sales at $727 million (net of transaction costs that tally was up 65 percent), as noted this year by Recode , profits nearly doubled to $87 million. company interested in Adyen.

article thumbnail

Russia in Ukraine: Let Loose the Dogs of War!

Musings on Markets

To the extent that crypto holdings may be more difficulties for authorities to trace and lay claim on, it will be interesting to see if you see a rise in the prices of crypto currencies as Russian wealth looks for sanctuary. lower than the traded value of 4766. as of March 16, 2022.

Economics 100
article thumbnail

Transcript: Jenny Johnson, Franklin Templeton

Barry Ritholtz

JOHNSON: And then I moved into, we had a bank at the time, and I moved into running part of the bank. RITHOLTZ: So Franklin obviously divests out of the banking business, the credit card business, the auto financing business. The requirements for asset managers to have a bank were such that it would inhibit us a bit.

article thumbnail

Amazon (And Others) Brace For India’s New eCommerce Tax

PYMNTS

Ideally, the requirement should have been [a goods and services tax] instead of TDS,” adding that “most retailers have net profit margins of about 3 percent, and this means that 33 percent of their net income has been blocked as TDS.”. ‘Rent-A-Bank’ Practices Examined. Facebook Fines.

article thumbnail

What’s Next In Libra’s Serial Cliffhanger?

PYMNTS

For those who see Libra as the hero — where an alternative currency takes root and challenges central bank fiat, gains acceptance, promotes financial inclusion for more than a billion people — this past week’s event means that the Libra Association will live to fight another day. That’s a pretty wide net. and Women’s World Banking.