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Money Guy
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Latest News
Pace of new credit card accounts picked up in 1Q - YAHOO!
LOS ANGELES (AP) ? U.S. credit card users are getting better about making more timely payments, even as banks are increasingly issuing cards to borrowers with less-than-stellar credit. The rate of payments at least 90 days overdue dipped in the first ...
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Credit worries intensify for embattled Chesapeake - Reuters
NEW YORK, May 17 (IFR) - Credit markets are signaling steadily growing concerns about troubled oil and gas producer Chesapeake Energy, raising pressure on the company to deliver on its strategy of planned asset sales. The company's bonds ...
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Credit Card Spending Fell by $5 Billion in the First Two Months of 2012 - Yahoo Finance
NEW YORK, NY--(Marketwire -05/04/12)- Despite consumer spending, which makes up 70 percent of U.S. economic activity, rising at a faster pace in almost a year Americans are charging less on their credit cards. This has become quite troublesome ...
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Credit Suisse, BNP May Take YPF Stake on Loan Default - Bloomberg
Credit Suisse Group AG (CSGN), BNP Paribas SA (BNP) and two other banks may take over a stake in YPF SA (YPF), Argentina?s largest oil company, after shareholder Petersen Energia SA defaulted on a loan. The company owned by Argentina?s ...
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Credit Suisse's Mergers Chief Is Leaving - Wall Street Journal
Boon Sim, global head of Credit Suisse Group AG's mergers business, is leaving the bank to head up the North American operations of Singapore-based investment firm Temasek Holdings Pte. Ltd., Credit Suisse confirmed Wednesday. Scott Lindsay will ...
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