The conventional wisdom has stated for some time that marketplace lenders will be hurt when the credit cycle takes a downward turn. There may be signs that is beginning to happen with the raise in rates announced yesterday by Prosper. In a note sent to investors, Prosper announced higher estimatedRead More
Post Tagged with: "Moody’s"
There are many ways to measure bank efficiency, but in 2013 net income per employee was arguably the best indicator of all for stock performance among large financial institutions. Net income per employee — net income divided by total employees — indicates whether, on a deep level, a financial institution isRead More