* American Express default rates jumps to 10.10 percent * Bank of America charge-off rate soars to 10.47 percent * Citi credit card default rate rises to 10.21 percent * Banks' shares fall as much...
* U.S. credit card default rate 8.56 percent * International card bad loans rise to 8.91 percent * Shares rise 1.7 percent (Updates with share price, analysts comments, byline) NEW YORK, May 15 - Capital...
WASHINGTON, May 14 - A credit card reform bill that would ban arbitrary interest rate hikes remained stalled in the Senate on Thursday as Democratic and Republican leaders negotiated amendments to be offered by lawmakers....
*Obama says some credit card practices "not honest" *Issuers will face new rules by July 2010 RIO RANCHO, N.M., May 14 - President Barack Obama urged the U.S. Congress on Thursday to pass a credit...
May 14 - President Barack Obama pressed the U.S. Congress on Thursday to pass credit card reform measures to crack down on abusive practices by credit card companies. He also said Americans have been somewhat...
RIO RANCHO, N.M., May 14 - President Barack Obama urged the U.S. Congress on Thursday to pass a credit card reform bill by the end of May that would ban unfair rate increases and end...
* Obama wants bill to sign by Memorial Day * Senate could take up measure next week WASHINGTON, May 9 - Saying credit card industry abuses had worsened in the current recession, President Barack Obama...
WASHINGTON, May 7 - The Democratic chairman of the Senate Banking Committee and its top Republican have worked out details on credit card reform legislation, Senate Majority Leader Harry Reid said on Thursday. Committee Chairman...
WASHINGTON, May 7 - The Democratic chairman of the Senate Banking Committee and its top Republican have worked out language on credit card reform legislation, Senate Majority Leader Harry Reid said on Thursday. Committee Chairman...
* Lenders closed 20 mln credit card accounts in March * 1.2 pct of prime homeowners at least 30 days late on mortgages in March NEW YORK, May 4 - Consumers fell further behind on...