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 Hapabapa via iStock

Consumer

Amazon, Starbucks Both Hit with Holiday Strikes

Though small compared to each company’s total workforces, work stoppages have set uncomfortable precedents for management.

2 min read
Photo by Martin Ceralde on Unsplash

Markets

Stock Buybacks are the Ultimate Gift for Companies in Record Year

This month marks the end of what Goldman Sachs estimates will be a record year for stock buybacks, with a volume of roughly $930 billion.

2 min read
Photo by Brusk Dede via Unsplash

Industries

CEO Departures Have Reached a Record High with Almost 2,000

In the first 11 months of the year, 1,991 CEOs have announced their departures, up 16% compared to the same timeframe last year.

1 min read

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