Financial crisis of 2007–2008

Sage and Cebr Forecast US SMBs as a Jobs and Growth Engine, With SMBs Set to Employ Almost 45% of Business Workers by 2025

Retrieved on: 
Tuesday, January 10, 2023
Sage, All Ordinaries, HR, Economics, Financial crisis of 2007–2008, Accounting, Partnership, Growth, Super Mario, Employment, Economic and Business Research Center, Research, Research report, Business, Tourism, Renewable energy

Employment by United States SMBs is projected to grow by 0.6% and reach a record high of over 63.3 million jobs by 2025, making up 44.8% of all business workers.

Key Points: 
  • Employment by United States SMBs is projected to grow by 0.6% and reach a record high of over 63.3 million jobs by 2025, making up 44.8% of all business workers.
  • The study further outlines the role of SMBs in powering global economies, with the sector showing no signs of slowing.
  • By 2025, Cebr forecasts that the number of United States SMBs will grow by 36,000 and by nearly 1.2 million across the eight countries studied.
  • For example, in the US, employment by SMBs within this industry grew by 411,000 between 2010 and 2015.

Jerry Identifies Top Car Ownership Trends -- And Costs -- of 2022

Retrieved on: 
Tuesday, November 15, 2022
Civic, Ford Motor Company, Financial crisis of 2007–2008, Ford Mustang, Honda, Ford F-Series, Nissan, Crash, PALO, The Sundays, EV, Jerry, Maintenance, Apple, Android, App store, Death, Road rage, Marital status, Volkswagen, Travel, View, Insurance, Holiday, Education, Highlander, Google Play, Multimedia, RAV4, Toyota, Tesla Model 3, COVID-19, Ford Mustang Mach-E, IPhone, CR-V, App Store (iOS/iPadOS), Toyota Camry, Rage, Ridesharing company

PALO ALTO, Calif., Nov. 15, 2022 /PRNewswire/ -- Jerry, the car insurance savings app, analyzed the "new normal" car market throughout 2022 for changes that could impact drivers and their wallets. The company found that it costs more than ever to own and maintain a car — from sticker prices, to monthly payments, to insurance and everything in between — and the roads can be a dangerous place. Key findings from 2022 Jerry research include:

Key Points: 
  • PALO ALTO, Calif., Nov. 15, 2022 /PRNewswire/ -- Jerry , the car insurance savings app, analyzed the "new normal" car market throughout 2022 for changes that could impact drivers and their wallets.
  • Key findings from 2022 Jerry research include:
    Seven of the 10 best-selling cars in the U.S. cost more to buy used than new .
  • In the second quarter of 2022, roughly $3 billion in delinquent payments joined the 90+ days-late category.
  • Unfortunately, other car ownership costs such as insurance and maintenance are expected to continue to rise."

Sun Life names Tom Murphy new Chief Risk Officer

Retrieved on: 
Monday, November 14, 2022
Kellstadt Graduate School of Business, Investment, Financial crisis of 2007–2008, Growth, Head, TSX, Sun Life Financial, Knowledge, Risk management, Partnership, United Kingdom, Business, Master of Business Administration, Hotel manager, ALM, Strategic management, Society of Actuaries, University College Dublin, NYSE, PSE, Massachusetts Board of Education, Fixed income, UCD, Retirement, Center for Research in Economics and Statistics, Mercer, CEO, Bachelor, Financial Stability and Development Committee, Statistics, Business administration, Bermuda, American Investment Council, Operational definition, SLF, Management, Financial services, Economics, Colm, Insurance

TORONTO, Nov. 14, 2022 /PRNewswire/ - Sun Life is pleased to announce the appointment of Tom Murphy as Executive Vice-President and Chief Risk Officer, effective December 1, 2022.

Key Points: 
  • TORONTO, Nov. 14, 2022 /PRNewswire/ - Sun Life is pleased to announce the appointment of Tom Murphy as Executive Vice-President and Chief Risk Officer, effective December 1, 2022.
  • In his new role, Tom will lead all aspects of risk management across Sun Life globally, including Financial, Insurance, Credit, Operational and Enterprise Risk.
  • Tom succeeds Colm Freyne, Executive Vice-President and Chief Risk Officer, who will retire from Sun Life on May 1, 2023, after serving 20 years with the company.
  • From 2009 to 2017, he served as Sun Life's Chief Financial Officer and then moved into his current role as Chief Risk Officer in 2017 where he currently leads Risk Management, Actuarial and ALM.

New Research Examines the Impact of the Great Recession on U.S. Public Pension Plans

Retrieved on: 
Wednesday, October 5, 2022
National Institute, Time, Retirement, Review, National Institute on Retirement Security, Public sector, Longevity, Twitter, NIRS, Multimedia, Investment, Great, Financial crisis of 2007–2008, View, Great Recession, Environment, Public pensions in Greece, Doonan, Gingival recession, Pension fund, Life insurance, Risk management

WASHINGTON, Oct. 5, 2022 /PRNewswire/ -- A new report finds that state and local government retirement systems on the whole successfully navigated the 2007 to 2009 Global Financial Crisis. Moreover, public retirement systems across the nation have adapted in the years since the recession by taking actions to ensure continued long-term resiliency.

Key Points: 
  • Public pensions have adapted in the years since the Great Recession by taking actions to ensure continued resiliency.
  • These findings are detailed in a new study released today by the National Institute on Retirement Security (NIRS), Examining the Experiences of Public Pension Plans Since the Great Recession.
  • "No investor was immune from the devastating effects of the Great Recession, including public pension plans," Doonan said.
  • These changes, combined with the substantial growth in public plan assets during the past decade, attest to the strength and longevity of public pension plans."

Continental Finance Company Closes Sixth Credit Card Term Securitization for $210 Million

Retrieved on: 
Thursday, September 29, 2022
Trust, LLC, Pandemic, Hope, Life, Growth, JPMorgan Chase, Credit Suisse, Unemployment, Nilson, Consumer, Financial crisis of 2007–2008, COVID-19, Multimedia, CFC, View, Credit, Online shopping, Bank

WILMINGTON, Del., Sept. 29, 2022 /PRNewswire/ --Continental Finance Company, LLC ("CFC") is pleased to announce the closing of its sixth term securitization of credit card receivables to date, which is also the third term securitization from its subsidiary Continental Finance Credit Card ABS Master Trust ("CFCCMT").

Key Points: 
  • WILMINGTON, Del., Sept. 29, 2022 /PRNewswire/ --Continental Finance Company, LLC ("CFC") is pleased to announce the closing of its sixth term securitization of credit card receivables to date, which is also the third term securitization from its subsidiary Continental Finance Credit Card ABS Master Trust ("CFCCMT").
  • Consumers view these credit card products as an invaluable method of payment as much as they do an extension of credit.
  • Proceeds from the securitization were $210 million and will be used to repay CFC's two variable funding note revolving credit facilities.
  • The company aims to prove its value and remain the credit card of choice among its customers, earning their loyalty in the hope we remain their life-long credit card provider.

Corbin Advisors to Publish Milestone 50th Issue of Industry-leading Research Publication Inside The Buy-Side® Earnings Primer®

Retrieved on: 
Thursday, April 7, 2022
Other Professional Services, Other Communications, Publishing, Finance, Public Relations, Investor Relations, Consulting, Communications, Professional Services, Human voice, Organization, All Ordinaries, Brexit, Radio, Growth, Board, Social, ESG, DC 9/11: Time of Crisis, Capital, Environment, Financial crisis of 2007–2008, Corbin, Government, Global, COVID-19, CNBC, Investment decisions, News, Social justice, Founder CEO, Management, Renewable energy, Tourism, Lithium

Corbin Advisors, a strategic consultancy accelerating value creation globally, announced that it will publish its milestone 50th quarterly issue of the Inside The Buy-Side Earnings Primer on Thursday, April 14.

Key Points: 
  • Corbin Advisors, a strategic consultancy accelerating value creation globally, announced that it will publish its milestone 50th quarterly issue of the Inside The Buy-Side Earnings Primer on Thursday, April 14.
  • The publication captures real-time investor sentiment, expectations and trends, including views on earnings key performance indicators, investment themes, the global economy and sector bulls and bears.
  • Among some of the most significant shifts in sentiment and trends unearthed through Corbin Advisors Inside The Buy-Side Earnings Primer research are:
    1.)
  • Inside The Buy-Side , our industry-leading research publication, is covered by news affiliates globally and regularly featured on CNBC.

Kevin M. Davis named JLL Americas CEO, Hotels & Hospitality

Retrieved on: 
Wednesday, December 15, 2021
Solution, Denihan Hospitality Group, Ernst & Young Entrepreneur of the Year Award, JLL, Merrill (company), NYSE, Industry, Culture, Senate, Financial crisis of 2007–2008, UBS, Research, Knowledge, Newsroom, Financial crisis, House, Hospitality, Policy, Hotel, UCC, JLL (company), Capitol Hill, Senior, News, Capital market, Technology, Commercial property, Financial services

NEW YORK, Dec. 15, 2021 /PRNewswire/ -- JLL announced today that Senior Managing Director Kevin M. Davis has been named Americas CEO of its Hotels & Hospitality division.

Key Points: 
  • NEW YORK, Dec. 15, 2021 /PRNewswire/ -- JLL announced today that Senior Managing Director Kevin M. Davis has been named Americas CEO of its Hotels & Hospitality division.
  • Kevin Davis, who leads JLL's Hotel Investment Banking group, brings over 20 years of hospitality and capital markets experience to the role.
  • In these prior roles, he executed over $10 billion of transactions in hospitality, multi-housing, retail, office and industrial assets.
  • JLL's Hotels & Hospitality Group has completed more transactions than any other hotels and hospitality real estate advisor over the last five years, totaling $83 billion worldwide.

Seventh Annual Advisor Authority Reveals Insights on Confronting the Impact of Compounding Financial Crises

Retrieved on: 
Monday, October 25, 2021
Safety, Social, Market trend, Financial crisis of 2007–2008, Recession, OPEC, Twitter, Organization, Global, The Harris Poll, Life, Crash, Facebook, COVID-19, Contract, Fed, Research, Social Security, Behavior, Insurance, Longevity insurance, Face, Public opinion, Income, Adviser, Investment, Solution, Marital status, Black Monday, Mass affluent, Great Depression, Education, Goal, Industry, Nationwide, Optimism, Broker-dealer, United States bear market of 2007–2009, Soap bubble, News, Nationwide Mutual Insurance Company, Population, Securities research, Risk management, Retirement, Impact, Public relations, Policy, Standard, RIAS, Uncertainty, Pension, Financial adviser

"Our seventh annual Advisor Authoritystudy makes it clear that working with an advisor or financial professional on a holistic plan is fundamental for investors to have the confidence they need to confront the impact of compounding financial crises," said Craig Hawley, Head of Nationwide Annuity Distribution.

Key Points: 
  • "Our seventh annual Advisor Authoritystudy makes it clear that working with an advisor or financial professional on a holistic plan is fundamental for investors to have the confidence they need to confront the impact of compounding financial crises," said Craig Hawley, Head of Nationwide Annuity Distribution.
  • Rising optimism in the face of outsized challenges reveals that advisors and financial professionals have built more confidence than investors after confronting the impact of compounding financial crises.
  • For additional insights on Confronting the Impact of Compounding Financial Crises, financial professionals can also download the latest infographic from the seventh annual Advisor Authority study at: https://news.nationwide.com/rising-above-compounding-financial-crisis-in...
    Nationwide's seventh annual Advisor Authority study powered by the Nationwide Retirement Institute explores critical issues confronting advisors, financial professionals and individual investorsand the innovative techniques that they need to succeed in today's complex market.
  • Among the 1,632 advisors and financial professionals, there were 790 RIAs, 790 broker-dealer, 501 wirehouse and 160 other financial professionals.

EZ NFT and Matrix Mortgage Global are Joining Forces to Mint Essential Real Estate Documentation as NFTs

Retrieved on: 
Tuesday, October 12, 2021
Efficiency, Technology, NFT, Theft, Financial crisis of 2007–2008, Ownership, The Caxton Private Lending Library & Book Depository, GLOBE, Multinational corporation, WCIG, Blockchain, Industry, Pandemic, CEO, Non-fungible token, Documentation, EZ, Solution, Partnership, Acquisition, Year, Government, DBA, Matrix, Cryptocurrency, Real estate

Las Vegas, NV, Oct. 12, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Wee-Cig International Corporation (OTCMarkets: WCIG), a company focused on identifying and growing top tech companies in emerging markets, today announced that its controlled subsidiary dba, “EZ365” plans to join forces with Toronto-based Matrix Mortgage Global to mint critical mortgage and real estate documentation in blockchain-enabled NFT form. 

Key Points: 
  • Through the planned collaboration, EZ NFT will support Matrix Mortgage Global in a shared vision of digitizing the mortgage process on the blockchain by building a system to mint key real estate documentation, including mortgage deeds, identification, appraisals and inspection reports as NFTs.
  • In the first world, the transition of physical documentation to NFT form will enhance efficiency and reduce fees while providing improved access to critical parties in real estate transactions.
  • Currently Matrix Mortgage Global is a hub that assist Canadians by providing access to financial resources key to navigating the Global Pandemic.
  • Matrix Mortgage Global is a major stakeholder in the Canadian mortgage landscape and advocates for Canadian borrowers at all levels of government.

Make Chicago Home for Everyone

Retrieved on: 
Friday, September 3, 2021
Articles, Mortgage industry of the United States, Economy, United States Department of Housing and Urban Development, Civil rights and liberties, Urban politics in the United States, Economy of the United States, Redlining, Institutional racism, Financial crisis of 2007–2008, Owner-occupancy, Home-ownership in the United States

CHICAGO, Sept. 3, 2021 /PRNewswire/ -- Last year, millions of Americans rediscovered the importance of home.

Key Points: 
  • CHICAGO, Sept. 3, 2021 /PRNewswire/ -- Last year, millions of Americans rediscovered the importance of home.
  • Besides safe havens, their homes became makeshift offices, schools, theaters and gyms and the centers of family life like never before.
  • That front stoop could become the first building block toward retirement, a college education, or a new business and career.
  • This summer, the Chicago City Council took a first step in addressing these longstanding inequities by introducing the Lending Equity Ordinance.