Meet the new King of the Fintech Hill: FIS. Today, FIS effectively became the largest financial services technology company in the world by revenue, as it agreed to acquire SunGard for $9.1 billion. Just consider these stats for the new FIS: $9.2 billion of pro forma revenue (FY 2014); 90%Read More
Post Tagged with: "valuation"
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