The social media giant is turning its sights on the rest of the world, as it increases its efforts on providing efficient services to emerging markets. At the moment, out of the 3 billion people who have internet access in the world, 1.5 billion are active Facebook users. Give or take a few thousand with multiple Facebook accounts, that is… Read more →
Category: Eric Gerster
Personal Finance for 20-Somethings
Personal Finance is one of the most overlooked subject matters in collegiate education today. Without a formal education in finance and/or accounting, young professionals and recent college graduates are forced to take a tumble before properly learning about managing one’s personal finances. Many of these problems can be avoided by simply following some very general principles agreed upon throughout the… Read more →
Top Priorities For Finance in 2016
Hello and welcome back to my website. If you have read some of my previous blogs you would see that I am deeply involved in the finance industry and love to learn about current happenings with the industry. I know the year is not over just yet but 2016 is just around the corner and people need to be prepared for start of the next year. This article is intended for the education of any reader interested in learning more about what financial professionals will be focusing on in 2016. I hope you enjoy the article and feel free to share it. Read more →
The Modern Financier
Each and every industry is changing on a day to day basis with new techniques and technologies to make work more simple and more efficient. Gone are the days of the traditional financial leaders with outdated strategies and processes that don’t match up to the new and hungry competition. On October 28 and 29 of this year, Oracle is sponsoring… Read more →
GE, Japan, & Finance
According to news reports rolling in now and earlier today, GE has been found to have shortlisted buyers for Japan’s commercial finance operations. GE has indeed shortlisted a few Japanese firm including Mitsubishi UFJ Financial Group Inc. and Sumitomo Mitsui Financial Group Inc. to name a few. The shortlist comes in regards to the potential buyers being named for GE’s commercial-finance operations. These firms and a few more were carefully selected by GE for their strong knowledge on the subject and familiarity with the business. Read more →
Updates on Alibaba
Alibaba continues to grow as it strengthens its financial reach in regards to the insurance industry. Alibaba Group Holding Ltd. plans to invest 1.2 billion yuan or $188 million into a Chinese unit of Cathay Financial Holding Co. According to an official statement released on Monday Zhejiang Ant Small & Micro Financial Services Group Co. is buying a 60% stake in Cathay Insurance Co. The two companies plan on working together in order to grow and increase cooperation with regards to cloud computing. Read more →
Stop-Loss Orders: Friend or Foe
The return of dramatic market volatility brought to mind a question I’ve been asked by many people during my investing career – “Should I use a stop-loss order to protect my stock holdings?” Individuals often lose their nerve for holding investments during down periods in the market and later wonder how selling at the lows might have been avoided. They believe a stop-loss seems like a good idea. In theory it is something you can set up in your brokerage account and leave as a standing order. That is to say your order stays in place until you remove it from the account. Read more →
Breaking News: August 24th Stock Market
It’s no secret the stock market has been in shambles of late. While the mayhem has been disappointing to many, what has been even more disappointing is the flaws in Wall Street that are now being exposed. Many traders have struggled in buying and selling exchange-traded funds (ETFs). An ETF is marketable security that tracks an index, a commodity, bonds, or a basket of assets like an index fund. An ETF trades like common stocks Netflix (NFLX) or Apple (AAPL) would.
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GE to Sell Healthcare Finance
GE continues to grow and extend its finance portfolio. GE has officially agreed to an $8.5 billion deal in the sale of its healthcare finance unit with Capital One. As you already know Capital One is one of the most successful banks in the US as well as one of the fastest growing.
The deal is set to have Capital One pay a 6% premium to the value of the unit’s loans in order to acquire the business. This move will help Capital One become a major contender in the commercial bank space. The healthcare unit provides specialized financing to companies, developers, investors, and many sectors within the industry including hospitals and medical device organizations. Read more →
Changes in the Market
In regards to bond markets, one thing has been growing in popularity and in the newspapers, that one thing is liquidity. Investors, traders, and regulators are now constantly thinking about the ability to trade fixed-income securities without affecting prices too much. There are however plenty of people that disagree with the liquidity issue in this situation.
According to new regulations that have been enacted, it has become more and more difficult and expensive for banks to hold bolds on their balance sheets. It is also expensive and difficult to facilitate trades for their clients in certain areas, but the major growth of the investors that would and do buy these types of assets is another factor to consider. Read more →