September 1, 2013 by apicomely
Report: General Electric plans to spin off consumer finance business with possible IPO
Nies will be responsible for all predictive analytics, including the development of new models for marketing, risk and fraud across the companys suite of solutions.He will also lead research and development of advanced modeling techniques that leverage new Big Data sources and technologies. Craig brings an impressive background in designing and deploying new models for predictive analytics. His expertise will be a great complement to our already strong team and will help us continue to innovate and refine our products to better serve our customers, said Ken Rees, Chief Executive Officer, Think Finance. We are thrilled to welcome Craig to the company. Prior to joining Think Finance, Mr.
Greek unemployment hits record 27.6% Greece, along with three other eurozone countries — Portugal, Ireland and Cyprus — remain dependent on rescue loans from the EU and International Monetary Fund (IMF). The 17-nation eurozone has emerged from its longest ever recession, growing 0.3% in the second quarter after 18 months of contraction. Unemployment rates remain high, but worries that the debt crisis could spread to larger economies such as Spain and Italy — which both saw borrowing costs climb dangerously high last year — have abated. “You can see if you look at the rates for sovereign debts they are stable.
German finance minister: ‘I don’t see’ any further eurozone bailouts
consumer lending business of its finance arm with an initial public offering of stock that could come early next year, according to The Wall Street Journal. The newspaper also said Friday that the Fairfield, Conn., conglomerate is considering smaller spinoffs or asset sales, but it has started preliminary work on the IPO. The paper cited unnamed sources familiar with the matter. More business news For wife of civil rights leader, march anniversary a slight Michael A. Fletcher Juanita Abernathy says she wasnt invited to participate in events despite her husbands key role in movement.