DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Rabouin"


12 mentions found


☆ LendingClub’s New CFO Tasked With Preparing Its Balance Sheet for a Downturn
  + stars: | 2022-12-22 | by ( Kristin Broughton | ) www.wsj.com   time to read: +7 min
Drew LaBenne, LendingClub’s chief financial officer since September, is tasked with managing the San Francisco-based company’s balance sheet as it faces a downturn and an industry pullback in demand for loans from investors. We use the marketplace, which is essentially whole loan sales to buyers, or we use the balance sheet. We make on average close to three times as much by putting a loan on the balance sheet versus selling it. Why not just keep all of them on your balance sheet? A lot of that was driven by the upfront CECL [charge] of the loans that we put on the balance sheet.
☆ Why the $290 Trillion Global Debt Splurge Is Becoming Unsustainable
  + stars: | 2022-12-20 | by ( Wall Street Journal | ) www.wsj.com   time to read: 1 min
E43Another Wave of U.S. Layoffs May Be Coming. The layoff announcements just keep coming. As interest rates continue to climb and earnings slump, WSJ’s Dion Rabouin explains why we can expect to see a bigger wave of layoffs in the near future. Illustration: Elizabeth Smelov
☆ The $42 Billion Question: Why Aren’t Americans Ditching Big Banks?
  + stars: | 2022-12-08 | by ( Dion Rabouin | ) www.wsj.com   time to read: 1 min
The $42 Billion Question: Why Aren’t Americans Ditching Big Banks? Big banks still pay next to nothing on savings, but their customers aren’t yet moving much money to higher-yielding alternativesAmericans have lost out on at least $291 billion in interest since the start of 2019 by keeping their savings in the five biggest U.S. banks. PHOTO ILLUSTRATION BY Devin Blaskovich for The Wall Street Journal
☆ Layoffs Create Pitfalls for Finance Executives Looking to Cut Costs
  + stars: | 2022-11-28 | by ( Jennifer Williams-Alvarez | ) www.wsj.com   time to read: +6 min
They are increasingly looking to layoffs as a way to preserve capital, alongside other measures, such as hiring freezes. Finance chiefs play a key role in this by determining which costs to cut and setting companies’ financial targets, said advisers who work with companies during staffing cuts. Tech business HP Inc., ride-hailing company Lyft Inc. and tool-and-appliance maker Stanley Black & Decker Inc. have announced layoffs in recent months. Finance chiefs are increasingly part of the initial discussions about whether job cuts are needed, said Hardik Sheth, a partner at Boston Consulting Group, a management consulting firm. Some employees at Twitter, which recently cut roughly half of its workforce, are now pushing back against the dismissals.
☆ Inflation Has Sparked Record Credit-Card Debt: How Things Could Get Messy
  + stars: | 2022-10-27 | by ( Dion Rabouin | ) www.wsj.com   time to read: 1 min
E39Treasury Bonds May Be 2022’s Coolest Investment. Here’s Why. Many new investors don’t know much about bond investing or how much they can earn with low risk by investing in U.S. government bonds. WSJ’s Dion Rabouin seeks to change that with a rad new commercial appealing to America’s youth. Illustration: David Fang
☆ That Sky-High I Bond Interest Rate Will Be Coming Down to Earth
  + stars: | 2022-10-12 | by ( Dion Rabouin | ) www.wsj.com   time to read: 1 min
Inflation-adjusted Series I savings bonds have been the most enticing place to park your cash this year—nearly 10% interest, backed by the U.S. government, the safest investment around. In a few weeks, a little of the luster will fade. I Bonds would likely pay about 6.4% interest beginning Nov. 1 if the consumer-price index rises as economists expect by 0.2% monthly and 8.1% year-over-year. Savers loaded up on I Bonds when the rate leapt to 9.62% in May, the highest interest rate since I Bonds were introduced in 1998.
☆ Crypto Exchange Bittrex to Pay $29 Million Over Violating Sanctions
  + stars: | 2022-10-11 | by ( Mengqi Sun | ) www.wsj.com   time to read: +3 min
Cryptocurrency exchange Bittrex Inc. will pay $29 million to the U.S. Treasury Department to settle allegations that it violated sanctions and anti-money-laundering laws. The Treasury said Tuesday that fined Seattle-based Bittrex a total of $53 million: a $24 million penalty from the Office of Foreign Assets Control, the Treasury unit that enforces sanctions, and $29 million fine from the Financial Crimes Enforcement Network, which combats illicit finance. As a result, Bittrex will pay about $29 million out of pocket. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. Bittrex collected customers’ internet protocol address and physical address information when they joined the platform, OFAC said, but the exchange failed to screen this information for potential sanctions violations.
☆ U.S. Companies Are Reshoring Jobs From China at Record Levels
  + stars: | 2022-09-27 | by ( Dion Rabouin | ) www.wsj.com   time to read: 1 min
E37China’s Economy Is Slumping. Here’s What It Means for the U.S. Covid-19 lockdowns, corruption crackdowns and more have put China’s economy on a potential crash course. WSJ’s Dion Rabouin explains how China’s economic downturn could harm the U.S. and the rest of the world. Illustration: David Fang
☆ Pensions Brace for Private-Equity Losses
  + stars: | 2022-09-24 | by ( Heather Gillers | Dion Rabouin | ) www.wsj.com   time to read: 1 min
Public pension funds are already reporting big losses in 2022. Things are likely to get uglier. That is because the funds, which manage around $5 trillion in retirement savings for the nation’s teachers, firefighters and other public workers, haven’t yet factored in second-quarter returns on private equity and other illiquid investments.
☆ Binance Hires Compliance Chief From Crypto Rival Kraken
  + stars: | 2022-09-23 | by ( Mengqi Sun | ) www.wsj.com   time to read: +2 min
Binance, the world’s largest cryptocurrency exchange by spot-trading volume, has snatched up the former chief compliance officer from rival Kraken, as the industry continues to ramp up its compliance efforts. Steven Christie, who oversaw global compliance at Kraken for more than four years, joined Binance as its senior vice president of compliance in May, a Binance spokeswoman said Thursday. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. San Francisco-based Kraken said Wednesday that it expects to hire a new chief compliance officer in the next few weeks. The demand for compliance and legal talent in the crypto industry has continued in recent months, despite tumbling crypto prices and layoffs, as the industry faces increased regulatory pressure.
☆ China’s Economy Is Slumping. Here’s What It Means for the U.S.
  + stars: | 2022-09-15 | by ( Dion Rabouin | ) www.wsj.com   time to read: 1 min
E39Treasury Bonds May Be 2022’s Coolest Investment. Here’s Why. Many new investors don’t know much about bond investing or how much they can earn with low risk by investing in U.S. government bonds. WSJ’s Dion Rabouin seeks to change that with a rad new commercial appealing to America’s youth. Illustration: David Fang
☆ Should You Rent or Buy a Home?
  + stars: | 2022-09-13 | by ( Dion Rabouin | ) www.wsj.com   time to read: 1 min
E66CPI, the Debt Ceiling and the State of Small Business: What to Watch Markets this week will be closely attuned to the latest inflation reading, with all eyes on CPI. Investors will also need to watch the looming deadline for raising the U.S. government debt ceiling. WSJ's Dion Rabouin explains. Photo: Andrew Kelly/Reuters
<< prev 3 next >>
Total: 12