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The timing of the hires "lined up perfectly," but they're part of a broader effort to bolster the firm's leveraged finance trading platform, RBC execs Adam Savarese and John Maggiacomo said. Jim Russo, formerly a portfolio manager at hedge fund PointState Capital, started at RBC as a director in distressed credit trading last week. Before PointState he spent six years in distressed sales at Citigroup, and he worked at Barclays and Lehman Brothers during the last economic crisis.
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Credit card issuers lower credit limits during coronavirus: What to do - Business InsiderLower credit limits can increase your credit utilization, which impacts your credit score. Ask the issuer if you can get your credit line restored.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »
Large companies returning their small business loans amid backlash - Business InsiderPublicly traded companies are now required to return loans under the Paycheck Protection Program. Private ones like Sweetgreen are returning them too. Damn right
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Small business rescue stumbles in relaunchThe relaunch of the federal government's massive small business rescue faltered on Monday, with banks reporting they were unable to move forward with a backlog of hundreds of thousands of loan applications amid widespread technical hurdles Sadly, of course it did. Trump’s cabinet is stuffed with cronies and financial supporters. Who could of predicted that competency in their field of responsibility actually matters ? 🙄 amazing how those technical hurdles didn't exist when tossing out money to their friends 😷 Shake Shack - $2 million AutoNation - $77 million LA Lakers - $4.6 million All returned the $$$ AFTER they were caught accepting. 'Millionaire Windfalls Buried In The CARES Act'
مصدر: politico - 🏆 381. / 59 اقرأ أكثر »
Tesco hires pilots, racing drivers, actors to meet coronavirus demand - Business InsiderBritain's largest supermarket has hired 'very interesting' new employees — including pilots, race car drivers, and actors — to cope with surging demand for groceries
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Lord & Taylor quietly deleted social accounts amid bankruptcy rumors - Business InsiderA Lord & Taylor spokesperson told Business Insider 'the company is working through various options at this time and is declining to comment.' Damn, one of my favourite follows 🥴
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Half of US doctors now use telehealth - Business Insider - Business InsiderForty-eight percent of US physicians now report treating patients via telemedicine — a huge leap from the 18% who said the same in 2018. The answer here is simple. There is not enough opportunity for BILLING when this is done. Doctors are sharks just as ferocious as lawyers when it comes to BILLING! Not enough billing = No New Mercedes 500!
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »