McCann's UBS brokerage revival a race against time Reuters Recently, UBS brokers have suffered from their association with the Swiss bank, which in 2008 and 2009 recorded an astounding $52 billion in credit losses. ...
Derivatives debate splits US, Europe regulators The Hindu Whatever rules Congress proposes, Mr. Gensler said there should be no such exemption for credit default swaps. The swaps account for an estimated $60 ...
Keep Ahead of the Latest Scams Credit.com News Others get a pre-paid debit card instead of a loan or a real credit card. Be suspicious of ads offering "Bad Credit? No Problem! ...
Senators Target Wall Street's Egregious Practices Common Dreams (press release) Those two proposals try to resurrect the wall between Main Street banking and Wall Street trading, a Depression-era reform that was torn down during the ...
Why is Student Lending Reform Holding Up Health Care? Atlantic Online (blog) Think about it: who wants to make a low-rate loan to a 18-year old kid with no earnings, no credit history, and zero collateral when he won't start paying ...
Citi CEO: Local Consumer Lending losses contained MarketWatch If Citigroup can avoid pumping more money into LCL to cover future credit losses, that will leave the company with more cash to invest in overseas ...
Shenzhen Development Bank Sees Net Jump Wall Street Journal s net profit for 2009 was 5.03 billion yuan ($736.9 million), more than eight times the year-earlier level, due to lower provisions for bad loans, ...
Why is Student Loan Reform Holding Up Health Care? Atlantic Online (blog) Think about it: who wants to make a low-rate loan to a 18-year old kid with no earnings, no credit history, and zero collateral when he won't start paying ...
Credit-card users not so responsible after all? SILive.com A study by consumer credit research site CardHub.com found that accounts for the bulk of the $93.2 billion drop in consumer card balances reported by the ...