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Japan’s Startup Index Soars To Highest Point Since 2006

PYMNTS

The Tokyo Stock Exchange Mothers Index , which tracks Japan’s startups, has climbed back up this year to finally match an earlier high set in 2006. Bloomberg reported that the startup index has gone up by more than 50 percent this year, despite the coronavirus pandemic.

Regional 141
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America: a nation living in the 20th Century

Chris Skinner

Finland stopped using checks in 1993, Poland in 2006 and the Netherlands from the start of next year. When did you last write a check (cheque)? When did you last receive one? Although a valid payment mechanism in some countries, it has been phased out in many.

America 357
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The City’s five biggest banker bonuses since 2006

TheGuardian

2006: Royal Bank of Scotland’s Fred Goodwin is paid £4m Continue reading. Big paydays for the financial sector could be here again as the chancellor considers abolishing the bonus cap As the chancellor, Kwasi Kwarteng , considers scrapping the bankers’ bonus cap, we look back at some of the largest City paydays of recent decades.

Groups 95
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Joy to the World … and Please Pay Me!

Chris Skinner

This week sees the launch of the annual John Lewis schmaltzy advert (see every one since 2006 here) and after six on December 5 sees the lighting of the Trafalgar Square … The post Joy to the World … and Please Pay Me! Just over a month away from Christmas and the festive season is off to a rock and roll start.

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Sweden going cashless

Chris Skinner

There are no fully–comparable figures from any of the surveys carried out in 2006, but in 2006 the “average consumer” did not choose to pay by card until the purchase sum exceeded SEK 123.” Our survey shows that as many as 22 per cent choose cash for purchases between SEK 100 and SEK 500.

Survey 284
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Teen Spending Plummets To A 20-Year Low

PYMNTS

Annual spending by teens peaked in 2006 at $3,023, the survey said. Spending on purses and bags peaked in the spring of 2006, as teens said they spent $197 annually on the category, the survey said. The nationwide survey of 9,800 consumers conducted between Aug. 19 and Sept. That’s a 9 percent year-over-year decline.

Survey 255
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How to manage the risk of commercial real estate lending

Abrigo

In 2006, interagency guidance addressed two supervisory criteria: • 100% or more of total risk-based capital for construction concentration and. The study also found that banks exceeding this criteria held $378 billion in outstanding CRE loans in 2006. percent of banks that did not exceed the criteria.

Lending 261