Results for credit: 2828
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UPDATE 5-Citigroup posts loss, takes $8 bln in credit losses
15 Oct 2009 17:06:29 PST* Q3 shr loss 27 cents; Wall St view loss 38 cents * Credit losses $8.0 billion * Securities and banking revenue down 33 pct * Total assets rise 2 pct from Q2 to $1.89...
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ICBC likely to raise stake in ICBC Credit Suisse Asset by 20%
08 Oct 2009 23:00:06 PSTIndustrial and Commercial Bank of China<601398><1398>, the world's largest lender by market value, may buy a further 20% stake in ICBC Credit Suisse Asset Management Ltd, China鈥檚 the first asset management joint venture initiated and held by a commercial bank, sources reported.China Ocean...
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Democrats introduce bill to speed up credit card rules
24 Sep 2009 17:42:10 PSTWASHINGTON, Sept 24 - Two U.S. Democratic lawmakers on Thursday introduced legislation that could speed up the implementation date of new credit card rules by nearly three months. U.S. Representatives Carolyn Maloney and Barney Frank...
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UPDATE 3-California probes credit rating agencies
17 Sep 2009 21:33:53 PST* California probes credit ratings of MBS * State sends subpoenas, response expected within a month * Agencies have no immediate comment on substance of issues SAN FRANCISCO, Sept 17 - California Attorney General Jerry...
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UPDATE 2-US SEC rules take aim at credit rating agencies
17 Sep 2009 21:27:49 PST* SEC to require credit agencies to reveal ratings history * Moves to foster more unsolicited ratings * S&P says may downgrade around $578 bln of CDOs * SEC also proposes ban on flash orders...
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US SEC scolds, moves to reform credit agencies
17 Sep 2009 21:23:19 PSTWASHINGTON, Sept 17 - Credit agencies will have to disclose more of their ratings history, and banks will have to share data used to rate financial products with all credit agencies, under rules adopted by...
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More Chinese credit card holders paying late - c.bank
16 Sep 2009 02:03:40 PSTBEIJING, Sept 16 - The number of Chinese credit card accounts that are overdue rose rapidly in the first half of this year, underlining potential risks to bank balance sheets, the central bank said on...
Tag: markets , economy , credits , central banks , Macro-Economics , banks , People , Loans , debt , Credit Market News , financials -
UPDATE 3-US SEC mulls stricter rules for credit agencies
15 Sep 2009 16:47:19 PST* Banks may have to share data used to rate bonds * Credit agencies may have to disclose more rating history * SEC meets Thursday to consider more credit agency rules * SEC explores stronger...
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WRAPUP 1-US credit card defaults up, signal consumer stress
15 Sep 2009 16:41:56 PST* Bank of America credit card defaults rise to 14.54 pct * Citigroup credit card defaults rise to 12.14 pct * JPMorgan Credit card charge-offs rise to 8.73 pct * Credit card issuer shares mostly...
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US SEC mulls stricter rules for credit agencies
15 Sep 2009 16:40:01 PSTWASHINGTON, Sept 15 - U.S. securities regulators are considering requiring banks to share data used to rate bonds with all credit rating agencies, two sources familiar with the Securities and Exchange Commission's thinking said on...
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