shadow banks

Private Equity

Private Equity Wants Everyone’s Credit Card Debt

(Photo Credit: Avery Evans/Unsplash)

The industry is taking advantage of banks’ newfound interest in offloading some of the consumer debt on their books.

2 min read

Photo by Ernie Journeys via Unsplash

Banking

US Lenders Have $1 Trillion Tied Up in Shadow Banks

The total reflects big banks’ increasing use of alternative financial institutions that are using the funds for riskier bets.

2 min read

Photo by Ryan Brooklyn via Unsplash

Advisor Upside

Wall Street’s Hush-Hush Cash Sweeps Take Center Stage

High-profile lawsuits and SEC investigations over cash sweeps have taken the industry by storm.

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Photo by Dinkun Chen via CC BY-SA 4.0

Autos

Honda and Nissan Officially in Talks to Merge Into World’s Third-Largest Automaker

Spurred by “the rise of Chinese power,” Japanese automakers Honda and Nissan announced Monday that they are in talks to merge.

2 min read
Photo via LEGO

Consumer

Lego is Carrying the Toy Industry

The secret ingredients to Lego’s success? A clutch of licensing deals and finding ways to sell Lego sets to kids well over the age of 30.

2 min read

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