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Bank holding company offering a range of financial services to corporate, commercial, and retail customers.
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US consumer credit worsens in December: Fitch (The Economic Times)
US consumer credit deteriorated in December as credit card defaults rose and cardholder payment rates suffered the largest one month drop on records.
Read more...(AFX UK Focus) 2009-01-07 18:03 U.S. consumer credit worsens in December: Fitch (Interactive Investor)
NEW YORK, Jan 7 (Reuters) - U.S. consumer credit deteriorated in December as credit card defaults rose and cardholder payment rates suffered the largest one month drop on records hurt by a deepening recession, Fitch Ratings said in a report on Wednesday. Fitch said the charge-off index, a measure of default, of prime credit cards rose 31 percent last month against a year ago to a four-year high ...
Read more...U.S. consumer credit worsens in December: Fitch (The Forex Market)
NEW YORK, Jan 7 (Reuters) - U.S. consumer credit deteriorated in December as credit card defaults rose and cardholder payment rates suffered the largest one month drop on records hurt by a deepening recession, Fitch Ratings said in a report on Wednesday.
Read more...Credit Card Crackdown (The Gourmet Retailer)
Credit card issuers striving for increased profitability are taking action by closing inactive accounts, lowering credit limits and raising rates and fees, reports Mintel Comperemedia. What's your credit card issuer up to?
Read more...Credit Card Companies Take What They Can Get (New York Times)
Credit card companies are rushing to settle even if that means forgiving a portion of some borrowers? debts.
Read more...First National Bank of Omaha's president retires (Lincoln Journal Star)
Rajive Johri, president, First National Bank of Omaha, has announced his retirement and plans to return to his home in Greenwich, Conn., said Bruce R. Lauritzen, chairman. Daniel K. O'Neill, president, First National of Nebraska, has been named the new president of First National Bank.
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