European private loan market falters as corporate credit stress mounts
By Naomi Rovnick and Chiara Elisei LONDON Direct lending, a key but expensive source of credit for riskier
1970-01-01 08:00
Mastercard denies report it plans to raise credit card fees
Mastercard on Tuesday denied a media report that this fall the payments processing giant is planning to increase
1970-01-01 08:00
UBS to absorb Credit Suisse's Securities Research offering
(Reuters) -UBS will absorb Credit Suisse's Securities Research service later this month, wrapping the business into its own research operations,
1970-01-01 08:00
UBS to cut 3,000 jobs after Credit Suisse takeover
The Swiss bank reports bumper profits following the rescue of its rival but staff face redundancies.
1970-01-01 08:00
UBS targets cost cuts of $10 billion as it absorbs Credit Suisse
UBS said Thursday that it expected to generate $10 billion in savings from a sweeping overhaul of the new global banking giant created by its emergency rescue of stricken rival Credit Suisse earlier this year.
1970-01-01 08:00
Visa, Mastercard plan to hike credit-card fees - WSJ
Global payments processors Visa and Mastercard are planning to increase fees that many merchants pay when they accept
1970-01-01 08:00
Some offshore creditors of Country Garden consider forming group for debt revamp talks
By Xie Yu HONG KONG Some offshore creditors of embattled Chinese developer Country Garden are in talks with
1970-01-01 08:00
Macy's sounds the alarm on credit card delinquencies
Macy's is warning of a spike in customers who are failing to make credit card payments, adding to the evidence of mounting financial stress on consumers.
1970-01-01 08:00
S. Korean policymakers vow to control rising household debt
SEOUL South Korea's policymakers vowed to take measures to control consumer debt as the country's household credit grew
1970-01-01 08:00
Bank credit contracts, loans drop in latest week: Fed data
Bank credit at U.S. commercial banks shrank in the latest week as commercial banks lent less to businesses,
1970-01-01 08:00
US Senators say Credit Suisse did not review all records when probing Nazi-linked accounts
By Chris Prentice and Brenna Hughes Neghaiwi NEW YORK/ZURICH Swiss lender Credit Suisse did not review all available
1970-01-01 08:00
Hawaiian Electric's stock plunges again after S&P downgrades its credit rating
Hawaiian Electric Industries' stock plummeted another 10% Tuesday after S&P Global downgraded the company's credit rating to junk.
1970-01-01 08:00