Global Finance

DECEMBER 9, 2024

Correia: Local interest rates have risen 20% to 25% range; but in the other hand, these equity investments, in certain private and local companies, are not tied to country risk/bond pricing as we knew it; and therefore, can surpass inflation and state bond securities yields. And now they want to delist.

Marketing 98

Marketing Banking Finance Profit and Loss 98

PYMNTS

DECEMBER 10, 2016

Stock prices opened at $15 but popped pretty immediately thereafter, shooting up 56 percent by the end of the first day — and locking Lending Club’s valuation in at $8.5 Lending Club’s valuation never got much higher than that $10 billion mark, but it did manage to keep its share price above its IPO value for the first half of 2014.

GAAP 73

GAAP Compliance Valuation Auditing 73

PYMNTS

MAY 16, 2018

” And while they might care about those values, at this point investors are likely wondering more about SoFi’s mission, a product offering that justifies a valuation of $4.4 The goal seemed clear: to convince the Street that the drama is over, and that the firm is now fully focused on “our mission and our company values.”

Credit Risk 40

Credit Risk Valuation Leadership Finance 40

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. “So, On Friday (Sept. The Problems and the Reformation. The Aftershocks.

Valuation 54

Valuation Startups Banking CFO 54

Barry Ritholtz

AUGUST 15, 2023

SEIDES: No, you’re right about the securities. The challenge is unlike the S&P 500, hedge funds sit in a box that has underlying credit risk from prime brokers. So the credit markets froze. SEIDES: It wasn’t a question of security prices going down, it’s a question of like, can you transact?

Investments 52

Investments Benchmarking Marketing Treasury 52

Barry Ritholtz

MARCH 5, 2024

So you come outta college, you go to Pricewaterhouse Cooper and then Koch Industries where you’re focusing on convertible securities, merger, arb, and, and special situations. What happened over the last year and a half or so is rates went up and valuations went down. Huh, 00:03:07 [Speaker Changed] Interesting.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Credit Risk Investments Banking 59

Barry Ritholtz

AUGUST 29, 2023

I did an internship in the summer at Citibank Securities in fixed income sales and trading. So you think back 30 years, there was so many people who were focused on individual security selection, picking individual stocks. So our shareholders benefit whenever there’s a lot of demand for certain securities that we own.

Investments 52

Investments Benchmarking Valuation Construction 52