GLG News by Sub-Prime Auto Lending Experts

While GE Consumer Finance almost certainly would be interested in Discover’s credit card issuing business, for now management rightly is bent on executing its multi-pronged strategy to increase enterprise value.

1.Microfinance can be a powerful instrument for self-empowerment, especially for women as demonstrated by Grameen Bank, to being an agent for economic change. 2.Increasing number of banks are realising the need to successfully address the issue of designing and implementing microfinance programs....

Building a two-sided payment network from scratch is a formidable undertaking. Absent a compellingly better value proposition taking share from entrenched incumbent payment networks is well nigh impossible. Revolution’s $50 million, basket of interesting ideas, and ample ambition are unlikely to cohere...

While the credit card and payments industry would benefit from more innovation and competitive verve, search providers are not a near-term threat.

The regulatory mandarins conjured an improbable counterfactual that Morgan Stanley aspired to and would become a force in pan-European acquiring to justify fining Visa. They aim to cow the two pan-European card payment networks to a more compliant attitude as SEPA unfolds.

Mr. Ross' acquisition of American Home Mortgage's servicing unit is a bold attempt to continue his legacy of "turnarounds" in the business arena. Like Merrill Lynch's purchase of First Franklin, Ross' move may disprove the adage "when there's blood in the streets, buy real estate", and prove the "Greater...

1.Boom in the capital markets attracting international firms. 2.Markets being driven by the neo-rich.

1.A useful product for Baby boomer retirees . 2.Proper advice should be taken before availing the mortgage. 3.Lenders should take into account the associated risks attached to the product before aggressively pushing the product.

1.Strong military vs economic development. 2.Huge population means economic development takes time to reach all corners. 2.Huge population means economic development takes time to reach all corners.

1.Solid metal, solid returns 2.There is a huge appetite for investment in gold and gold investment funds provide an alternative to ownership of the metal. 2.There is a huge appetite for investment in gold and gold investment funds provide an alternative to ownership of the metal.