He cofounded PayPal, helped launch Yelp, and his new startup wants to make the credit card obsolete.
Content: Thought Leader | Author: Austin Carr | Source: Fast Company | Subject: Entrepreneurship | Industry: Finance / Banking
In a new market, you need to secure a foothold. World domination can come later.
Content: Case Study | Author: Stephen Wunker | Source: The Conference Board Review | Subjects: International – Africa, Management, Strategy | Industries: Finance / Banking, Telecommunications | Company: Celpay
The Carlyle Group and the Robert Toigo Foundation will launch a private equity MBA fellowship intended to attract minority MBA candidates to the sector.
Content: Prospective MBA Content | Subjects: Venture Capital, Women & Minority MBA Issues | Industry: Finance / Banking
This paper presents a new database on the timing of systemic banking crises and policy responses to resolve them. The database covers the universe of systemic banking crises for the period 1970-2007, with detailed data on crisis containment and resolution policies for 42 crisis episodes, and also includes data on the timing of currency crises and sovereign debt crises. The database extends and builds on … [ Read more ]
Content: Article | Authors: Fabian Valencia, Luc Laeven | Source: International Monetary Fund | Subjects: Economics, Finance, History | Industry: Finance / Banking
An investigation shows that investors suffer when firms stop giving quarterly earnings guidance.
Content: Article | Authors: Baruch Lev, Jennifer Tucker, Joel F. Houston | Source: STERNbusiness (NYU) | Subjects: Finance, Market/Investment | Industries: Finance / Banking, Investing
In the U.S. in 1906, the prominent private bank Kuhn Loeb – prompted by the scandal of the Armstrong Investigation – withdrew from the boards of all non-bank corporations. This historical announcement changed the course of corporate governance, and ultimately prevented private banks from being activist shareholders in the United States. In the paper “The Value of Private Banks in Corporate Governance: Evidence From the … [ Read more ]
Content: Article | Author: Miguel Cantillo | Source: IESE Insight | Subjects: Finance, History | Industry: Finance / Banking
Professor, author and prominent economic advisor Silber chronicles an era when the U.S.’s reliance on the gold standard was leading it head-on into its first major financial crisis. The outbreak of WWI in 1914 yielded the biggest gold outflow in a generation, jeopardizing America’s reputation with creditor nations and sending the world market value of the dollar into a tailspin. Enter Treasury Secretary William McAdoo, … [ Read more ]
Content: Book | Author: William L. Silber | Subjects: Finance, History | Industry: Finance / Banking