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,
2023-08-19 04:45
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.
2023-08-16 02:48
Credit Suisse retail investors plan lawsuit challenging UBS buyout- FT
Retail investors who lost money when Credit Suisse was taken over by UBS in March plan to file
2023-08-13 12:57
Analysis-Bond market's newfound economic optimism may be shortsighted
By Shankar Ramakrishnan and Davide Barbuscia In recent weeks, U.S. bond markets have bought into the prospect of
2023-08-11 21:58
UBS terminates loss protection agreement with Swiss government
ZURICH UBS will not need to tap the Swiss government's 9 billion Swiss franc ($10.27 billion) backstop agreed
2023-08-11 13:28
Credit card and car loan delinquencies pass pre-Covid levels as consumers get squeezed
More Americans are failing to make payments on their credit cards and auto loans, another sign of rising financial pressure on consumers.
2023-08-10 23:15
Americans' credit card debt hits a record $1 trillion
Americans' credit card debt levels have just notched a new, but undesirable, milestone: For the first time ever, they've surpassed $1 trillion, according to data released Tuesday by the Federal Reserve Bank of New York.
2023-08-08 23:22
Moody's warns it could cut credit ratings of 6 big US banks
Moody's has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and Northern Trust, under review for a possible downgrade.
2023-08-08 19:52
Judge puts US, New York predatory lending lawsuit against Credit Acceptance on hold
By Jonathan Stempel NEW YORK A federal judge on Monday put on hold a predatory lending lawsuit against
2023-08-08 06:50
Exclusive-Credit Suisse Hong Kong investing banking job cuts, targeting 80%, start this week -sources
By Selena Li HONG KONG (Reuters) -Around 80% of Hong Kong-based investment banking staff at Credit Suisse will be laid
2023-08-07 13:45
Former Treasury secretaries react to US credit downgrade
The US economy is resilient, but policymakers need to take the long view on the country's fiscal challenges, three former Treasury secretaries told CNN's Fareed Zakaria.
2023-08-06 22:47
Amazon set to launch credit card in Brazil with Bradesco
SAO PAULO Amazon.com will launch a credit card offering in Brazil, in a partnership with Brazilian lender Banco
2023-08-05 04:21