Protect yourself from a credit card backlash (CNN Money)
Published:Fri, 10 Jul 2009 11:33:58 GMT  
There's plenty to like about the credit card reforms President Obama signed into law this May....

Banks cut borrowing from Fed, sign credit stress may be easing (USA Today)
Published:Fri, 10 Jul 2009 13:18:35 GMT  
Banks trimmed borrowing from the Federal Reserve's emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, promising signs that some credit problems are easing....

With Fresh Funds, Credit Suisse Hires in Asia (New York Times)
Published:Fri, 10 Jul 2009 11:22:29 GMT  
Credit Suisse Group, one of the biggest Swiss banks, is attracting new funds and hiring experienced bankers in Asia, even as the industry is struggling to maintain revenues, Bloomberg News reported....

Credit-Card Company Cutbacks Might Be a Good Thing (Fox News)
Published:Fri, 10 Jul 2009 17:16:01 GMT  
Credit-card companies are scaling back their credit given to consumers, but that might not be so bad in the long term....

Waters Introduces Bill That Would Ban All Credit-Default Swaps (Bloomberg)
Published:Fri, 10 Jul 2009 15:10:54 GMT  
July 10 (Bloomberg) -- Representative Maxine Waters introduced legislation to ban all credit-default swaps, the financial instruments blamed in helping to take down American International Group Inc....

Financial Stocks: CIT Group shares fall on credit-quality concerns (Market Watch)
Published:Fri, 10 Jul 2009 14:40:30 GMT  
Shares of CIT Group fall nearly 30% on a report the Federal Deposit Insurance Corp. is unwilling to guarantee the commercial lender’s debt due to concerns over its credit quality....

FDIC Said to Withhold CIT Debt Guarantees Due to Credit Risk (Bloomberg)
Published:Fri, 10 Jul 2009 12:44:27 GMT  
July 10 (Bloomberg) -- The Federal Deposit Insurance Corp. is unwilling to guarantee CIT Group Inc. ’s bond sales because the commercial lender’s credit quality is worsening, according to people familiar with the regulator’s thinking....

Credit Suisse Lures Clients From Rivals as Private Banks Shrink (Bloomberg)
Published:Fri, 10 Jul 2009 10:25:50 GMT  
July 10 (Bloomberg) -- Credit Suisse Group AG , Switzerland’s biggest bank by market value, is attracting new client funds and hiring experienced private bankers in Asia, even as the industry continues to grapple with a revenue slump....

Financial Stocks: CIT Group shares fall on credit-quality concerns (Market Watch)
Published:Fri, 10 Jul 2009 14:43:18 GMT  
Shares of CIT Group fall nearly 30% in early trading Friday on a report the Federal Deposit Insurance Corp. is unwilling to guarantee the commercial lender’s debt due to concerns over its credit quality....
More Articles
News Headlines
Protect yourself from a credit card bac...
Published:Fri, 10 Jul 2009 11:33:58 GMT
There's plenty to like about the credit card reforms President Obama signed into law this May.......
Banks cut borrowing from Fed, sign cred...
Published:Fri, 10 Jul 2009 13:18:35 GMT
Banks trimmed borrowing from the Federal Reserve's emergency lending facility over the past week and cut back on other programs designed to ease the financial crisis, promising si......
With Fresh Funds, Credit Suisse Hires i...
Published:Fri, 10 Jul 2009 11:22:29 GMT
Credit Suisse Group, one of the biggest Swiss banks, is attracting new funds and hiring experienced bankers in Asia, even as the industry is struggling to maintain revenues, Bloom......
Credit-Card Company Cutbacks Might Be a...
Published:Fri, 10 Jul 2009 17:16:01 GMT
Credit-card companies are scaling back their credit given to consumers, but that might not be so bad in the long term.......
Waters Introduces Bill That Would Ban A...
Published:Fri, 10 Jul 2009 15:10:54 GMT
July 10 (Bloomberg) -- Representative Maxine Waters introduced legislation to ban all credit-default swaps, the financial instruments blamed in helping to take down American Inter......