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Capital One cuts jobs at new credit card unit - MSN Money
Capital One cuts jobs at new credit card unitMSN MoneyThe deal, which was announced late last year, added credit-card loans worth more than $28 billion to Capital One's balance sheet and catapulted the bank to the third position in the private-label card industry, after General Electric (GE) and Citigroup ...
Less scope for credit card delinquencies: Kadambi Narahari - Business Standard
Less scope for credit card delinquencies: Kadambi NarahariBusiness StandardSBI Cards, like most other credit card issuers in the country, suffered losses during the financial crisis of 2008-09 due to sharp increase in delinquencies. The company, a joint venture between State Bank of India and GE Capital, turned profitable in ...and more »
Barclays rolls out online bank accounts in U.S. - MarketWatch
Barclays rolls out online bank accounts in U.S.MarketWatchLN) US operation is getting into the online-banking business as it works to diversify funding for its growing credit-card operations. The British bank said Monday it is offering a high-yield savings account and certificates of deposit through its ...and more »
Fitch: US Retail Card Delinquencies Reach Six-Year Low - MarketWatch (press release)
Fitch: US Retail Card Delinquencies Reach Six-Year LowMarketWatch (press release)NEW YORK, May 15, 2012 (BUSINESS WIRE) -- Positive movements in performance helped US retail credit card ABS maintain momentum last month, according to latest index results from Fitch Ratings. Almost every major collateral metric tracked by Fitch's ...TEXT-Fitch:US retail card delinquencies reach six-year lowReutersall 6 news articles »
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