Even with her name recognition, the star of films like “Fantastic Four” and “Little Fockers” struggled to get funding to start The Honest Co. She shared her experiences during an event hosted by American Express.
MIT professor Maria Loumioti has studied loans made strictly using hard data and loans where a loan officer clearly was influenced by personal connections or feelings about a borrower. The results shed light on the value and limitations of "soft" information.
How can banks improve performance while dealing with low interest rates and high regulatory expenses? One effective strategy is to bulk up, as shown by our annual ranking of the top 200 banks with less than $2 billion of assets.