Word: consumerized
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CONSUMER FINANCE
As the recession gripped the economy in the winter of 2009, Business School Professor Peter Tufano ’79 was beginning a new joint class on consumer finance with Law School Professor Howell E. Jackson.
According to Tufano, the course, which will be offered in spring 2010, attempts to fill an educational void by introducing business students to consumer banking. Though Tufano envisioned the course before the downturn, the lack of educational resources on the topic became more evident during the banking crisis, he says...
It is hard to tell what payoff would go to the winning technology provider, says Gordon, nor is it even known who would own the content. There is also the question of whether the various pay-for-content ideas would fly with consumers. Google CEO Eric Schmidt recently told British...
HSBC, though, is also responding to the realities of its balance sheet. Its forays West have proved to be, at best, a mixed success, especially its business in the U.S. HSBC dove into the U.S. subprime mortgage and consumer credit market, mainly through its 2003 purchase of consumer finance firm...