Bankcard industry lobbies Congress to leave interchange fees alone
September 22, 2009
Lafferty Group - Interchange battle rages on | www.lafferty.com
The primary story here is not the card industry's standard defense of bankcard interchange fees. It is that Visa and industry trade associations are responding to the clear and present danger that an angry Congress is going to side with merchants by enacting a law to limit interchange fees. Their defense of the fee is that polling of consumers shows a wide majority in favor of charging merchants for accepting cards. But it doesn't address whether current fees are too high and unfairly applied.
UK banking landscape presents potential for new competitors
September 21, 2009
State Bank of India open to acquisitions in UK | www.reuters.com
The large scale nationalization of the UK banking system leaves open the possibility for new players to enter the marketplace and compete. While American banks are still struggling en masse with capital issues, many foreign banks are not facing those same issues, and are likely to consider the UK for expansion opportunities.
More Fantasy Business, Really!
September 18, 2009
Fantasy Football Open Championship Awards First-Ever Million Dollar Grand Prize | www.reuters.com
Last year the first-ever million dollar prize for a Fantasy Football league was awarded, indicating that this fantasy business is becoming big business. Since 1998 our firm's FMPartnersOnLine holdings have engaged in providing sports content via Internet affiliates. Sign-ups for the 2009 fantasy football season began on Jan. 12 - and are still being started since the beginning of the NFL season.
September 17, 2009
Lending in Europe continues to shrink | www.ft.com
Banks across Europe have insisted in recent months any decline in lending is due to a falloff in demand, not supply. Supply is not useful if the line or rate does not make any sense.
Higher defaults in a CRE book don't necessarily translate to more losses
September 16, 2009
Wells Fargo, Fifth Third Add to Predictions of Higher Defaults | www.bloomberg.com
One of the most compelling contrasts between the 2007-08 (and still ongoing) meltdown in the residential housing market, vs. the forecast bubble-burst in commercial real estate for 2009-10, is the methodology banks and lenders use to forecast losses. This contrast will definitely lend itself to more transparency and clarity with this current lending crisis vs. the previous residential and consumer meltdown.
September 11, 2009
Banking On Fantasy | www.forbes.com
Several top Institutional Investors have equity invested (albeit a extremely low percentage of capital invested), along side longtime directors, executives and investors in CASCADE BANCORP.
Location, Location, Location... & Transparency
September 9, 2009
Cascade Bancorp enters into agreement with FDIC | www.bizjournals.com
With the recent history of global & US banks equity stripping, and US banks closed by the FDIC, it is due time for Bank Holding Company management to provide clear and concise press releases on a very urgent and timely basis.
US Credit Line Draw Down, Down
September 8, 2009
Banks swamped by a wave of personal debt | business.timesonline.co.uk
Recent studies indicate that the US consumer and small business usage of their existing lines of credit has declined.
All hands on deck, full steam ahead
September 7, 2009
Cascade Bancorp enters into agreement with FDIC | www.bizjournals.com
Both the FDIC and the board supporting executive management of Cascade Bancorp are doing their job to the best of their abilities.
China Sovereign Wealth Fund Looking Outside China
August 31, 2009
MV Weather Report: China's Winds Unable to Propel US Sails | webmail.aol.com
The investment guru's that run the China Investment Corporation (CIC), the $200 billion ($241bn USD) state-run sovereign wealth fund, are feeling the effect of the US Market's dog days of summer as well as being cautious of their own markets.
E-Insurance: When will the insurance industry adopt modern communication tools?
February 14, 2012
ATMs could distribute prepaid Visa cards
January 23, 2012
PayPal can thrive as a standalone company
January 9, 2012
Europe's CO2 Emissions Trading System works, but it can be improved
December 16, 2011
European women wonder why their insurance premiums will increase
December 15, 2011