Sentences with phrase «in financial service businesses»

Such operations are performed on a daily basis as ordinary tasks in financial service businesses around the world.
Baidu — The China - based internet search giant is selling a majority stake in its financial services business for about $ 1.9 billion.
In this interview with NBR, Franklin Templeton President and CEO Greg Johnson talks about mutual funds, the markets and regulation in the financial services business.
China's Baidu Inc said it will sell a majority stake in its financial services business for about $ 1.9 billion (1.4 billion pounds) to a consortium led by TPG Capital Management LP and Carlyle Group LP, as it looks to deepen its push into financial services.
A few months ago we saw a CEO present who had personally made hundreds of millions of dollars in a financial services business and had a plan to capitalize on the current market conditions.
China's Baidu Inc said it will sell a majority stake in its financial services business for about $ 1.9 billion to a consortium led by TPG Capital Management LP [TPG.UL] and Carlyle Group LP, as it seeks funding to take on established fintech firms in China.
But anyone who works in the financial services business knows that there are always costs attached to purchasing various financial assets.
When I started in the financial services business, we were always told by managers that people could do better off in the stock market than they could on their house especially if interest rates were low.
Gianna and Demetrio Kerrison, executives in the financial services business, have immersed themselves in the art world for two decades.
IntereXchainZ will effectively be the next phase of research building on the successful InterChainZ which demonstrated how distributed ledger technology could be used in financial services businesses, including insurance, credit referencing, and corporate & personal identity validation.
We're not in the financial services business,» says Markson.
While this strategy is instrumental in our ability to increase revenues and market share, we are also focused on reducing expenses, particularly in our Financial Services business.

Not exact matches

There are approximately 200 alternative lenders in the U.S., according to financial services research firm Barlow Research Associates, roughly half of which are dedicated exclusively to business loans.
George, a Senior Fellow at Harvard Business School, blames the swing to put shareholders before anyone else on the distortion of money in the financial - services industry.
-- Amy Zimmerman, head of people for Kabbage, a global financial services, technology and data platform serving small businesses which has raised more than $ 1.6 billion in funding and lent out $ 4 billion overall
Less than 1 per cent of businesses paid half of Australia's corporate tax take in the year to June 2016, according to ATO data, while the financial services and resources industries were the biggest contributors.
Not all powerful business families implode: When Paul Desmarais died last year, his sons, Paul Jr. and André, succeeded in dividing responsibilities over the vast financial services firm with little evidence of acrimony.
Harford is a prominent diversity champion, both in the financial services sector and the wider business community, and served as the co-head of Citi Women and on the board of directors of The Forte Foundation, a U.S. nonprofit organization dedicated to increasing the number of women leaders in business.
Automation may be taking over much of the business world, but in the upper reaches of the financial services sector, the human touch still holds considerable value.
He has over 20 years experience in manufacturing, business consulting and financial services.
That traction results from a concerted effort Amazon management over the past four or five years to convince businesses in the financial services, healthcare, and government that running on shared public cloud infrastructure meets their security and other requirements.
High turnover is common in financial services, and while the bank's wide variety of products, and preponderance of business units offering them, give employees plenty of opportunity to move up (or sideways) instead of out, the company has learned not to leave loyalty to fate.
Every national postal service in the developed world is facing the same assault on its core business (and most have loads of financial baggage associated with the pension obligations for large workforces).
On top of the risk of federal prosecution, IRS targeting and asset seizure, cannabis entrepreneurs have to cope with the hazards of conducting a business that deals mostly in cash, since a majority of traditional financial institutions — banks, credit card issuers, and payment transaction companies — won't provide services to the industry.
The bank, headquartered in Lévis, Que., may have more than $ 250 billion in assets and over 300 caisses in Quebec and Ontario, but financial services is ultimately a people business.
His clients include executives and business leaders in a broad range of industries, including all varieties of financial services (securities and commodities trading and sales, banking, investment and hedge funds), automobile manufacturing and sales, professional sports agency, pharmaceuticals, and high technology.
«Being in the insurance and financial services industry, I'm always looking for ways to set myself apart, build my business and add value for my clients,» says Randy Rosler, a financial advisor with MetLife's Strategic Planning Group.
With his company's diversified holdings in insurance, transportation, paper, media, and financial services, Desmarais was one of the most notable members of his province's business elite, often referred to as Quebec Inc..
Bankers and those in the expanding legal marijuana business want Congress to change the law — to make it clear that it's not a crime to provide financial services to the legal marijuana businesses.
As part of the 2013 Canadian Business Leadership Forum, CB staff writer Richard Warnica interviewed BMO Financial Group Chief Technology & Operations Officer Jean - Michel Arés about the way that cloud services are changing the nature of information technology in the enterprise.
Carlo Ferro is Executive Vice President, Finance, Legal, Infrastructure and Services, and Chief Financial Officer (CFO) of STMicroelectronics and has held the CFO position since May 2003, with temporary suspension during his tenure at ST - Ericsson, where he first served as Chief Operating Officer (February 2012 — March 2013) and then was appointed President and Chief Executive Officer in April 2013 to lead the re-organization to split up the joint - venture business and resources to the two shareholders and wind down the JV.
Over the last 20 years, I've met with hundreds of small - business owners in my line of business, offering financial planning services.
Her consistent track record of successes in consumer and financial services, as well as technology businesses, is impressive.»
Shares in marine services business MMA Offshore were lower after the company warned of a profit reduction and no reprieve in the coming financial year.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions in the industries and markets in which United Technologies and Rockwell Collins operate in the U.S. and globally and any changes therein, including financial market conditions, fluctuations in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand in construction and in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including in connection with the proposed acquisition of Rockwell; (7) delays and disruption in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes in political conditions in the U.S. and other countries in which United Technologies and Rockwell Collins operate, including the effect of changes in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions, global trade policies and currency exchange rates in the near term and beyond; (16) the effect of changes in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import / export) and other laws and regulations in the U.S. and other countries in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted in their operation of their businesses while the merger agreement is in effect; (21) risks relating to the value of the United Technologies» shares to be issued in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
«It's like a roadmap for your company,» says Victor Butcher, of Butcher Financial Services in Memphis, Tenn., a former president of the Tennessee Society of Certified Public Accountants» Memphis Chapter who advises small businesses.
His prior experience includes private equity funding of start - up telecommunications and Internet services companies, as well as strategic and financial planning, mergers and acquisitions, and managing finance and accounting activities for both domestic and international businesses in the telecommunications and Internet services sectors.
The company leveraged various financial services to then incorporate chatbots into their business in order to solve various challenges it was facing, some of which included banking, trading, and insurance problems.
The NYFDS promulgates and enforces regulations governing banks, insurance companies, and other financial services institutions that do business in the state.
There's one area of good news: success in a business line that comes closest to Bloomberg's original mission — providing technology services to the financial industry.
There are significant and large categories in the special category, including doctors, attorneys, CPAs, consultants, actuaries, performing artists, professional athletes, and financial services businesses.
Four in five women hope to grow their businesses «substantially» or «at least a moderate amount» by 2013, according to a survey of some 700 female business owners done by PNC Financial Services Group.
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Mainly because industry consolidation has worsened banks» customer service on small accounts, small businesses left their banks in record numbers last year, according to PSI Global, a financial - services - marketing group in Tampa.
Temasek and the debt - laden HNA, an aviation - to - financial services conglomerate, last week signed a memorandum of understanding to explore business partnerships in aviation and logistics.
An unintended consequence of the regulation is that it provided a boost to London's financial economy, as secondary share trading businesses set up in the capital to service clients across the EU, rather than being based locally or shares trading on national exchanges.
In fact, a prominent study from the financial services company U.S. Bank found that as many as 82 percent of startups and small businesses fail due to poor cash - flow management.
Some of the proceeds of the IPO will go to repay outstanding debt Zipcar owes to financial instutitutions, and «approximately $ 5.0 million to repay amounts owing to certain former shareholders of Streetcar» as well as a portion of the net proceeds to invest in «companies, technologies, services or assets that complement our business
In a new report, Business Insider Intelligence explores how and why financial services providers such as PayPal and Bank of America are positioning for voice interfaces to take off.
It was before Federal Reserve chairwoman Janet Yellen broke the customary sphinxlike silence of her office to observe that valuations in some tech categories have become «substantially stretched,» before the tech sector eclipsed financial services as the leading destination for elite business school graduates, and before tech money made over large swaths of New York City, Los Angeles, Seattle, and Austin, and, of course, the entire San Francisco Bay Area, where one in five working adults is employed by a tech firm.
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