US stocks slump on bank results, China credit squeeze
US stocks slump on bank results, China credit squeeze
Wall Street stocks slumped Wednesday amid mixed earnings results from key banks and credit tightening by global economic growth driver China.
Read more on The Times of India
How many bank accounts and credit cards should I have?
I am currently a college student with 2 checking accounts (Wamu- 3 years & BOA- 1 year) and 1 credit card (Citi- 1 year). I have always met the requirements for my checking accounts and paid all my credit card bills on time. As for loans, I do have about $10,000 of student loans in debt. I was wondering if it is okay for me to get another credit card. Also, many say that having a lot of credit cards are bad for you. What is the reccomendation of how many bank accounts and credit cards should I have so that my credits would not go down? Thanks in advance!
What credit card should I go for citi bank or bank of america?
I have a credit score of 700 and wanting another credit card. I was thinking about citi bank or bank of america. What one should I get? I only have one other credit card from Wumu. I want a credit card that report to the 3 credit bureaus every month. Anyone has either one of these cards, if so, what one did you like and why?
(AFX UK Focus) 2010-01-19 00:49 China urges bank caution on steel mill loans -report
(AFX UK Focus) 2010-01-19 00:49 China urges bank caution on steel mill loans -report
BEIJING, Jan 19 (Reuters) – China’s banks have been urged to pay closer attention to the credit risks of local steel mills, which are struggling with soaring stockpiles and a possible supply glut, the official China Securities Journal reported. The newspaper said regulators issued a notice on January 6 urging banks to carry out thorough investigations into the health of steel mills before …
Read more on Interactive Investor
Categories: credit unify Tags: 0049, 20100119, Bank, caution, China, Focus, Loans, mill, Report, steel, urges
Ahli Bank launches new streamlined credit approval product to benefit SME customers
Ahli Bank launches new streamlined credit approval product to benefit SME customers
16 January 2010 Ahli Bank, the fastest growing bank in Oman, is enhancing its corporate banking services to SME clients with the launch of attractive working capital facilities and a new streamlined credit approval process.
Read more on Zawya
Categories: credit unify Tags: Ahli, approval, Bank, benefit, Credit, customers, Launches, product, streamlined
JAL procures $1.59 bln from state bank credit line
JAL procures $1.59 bln from state bank credit line
TOKYO, Jan 15 (Reuters) – Japan Airlines Corp <9205.T> said on Friday it had procured 145 billion yen ($1.59 billion) in funds remaining from a credit line provided by the state-owned Development Bank of Japan.
Read more on Reuters via Yahoo! Malaysia News
Swiss investment bank UBS, which is looking to expand its distressed debt business, has hired a clutch of credit …
Swiss investment bank UBS, which is looking to expand its distressed debt business, has hired a clutch of credit …
Swiss investment bank UBS, which is looking to expand its distressed debt business, has hired a clutch of credit bankers who left its domestic rival, Credit Suisse, last year.
Read more on eFinancial News
Categories: credit unify Tags: Bank, business, clutch, Credit, Debt, distressed, expand, hired, investment, LOOKING, Swiss
Bank loaning activities lag behind
Bank loaning activities lag behind
When it comes to loaning activities, bankers operating in the state, by and large, seem to adopt constipated approach towards loaning or credit lending activities under various schemes of the Annual Credit Plan (ACP).
Read more on The Times of India
Categories: credit unify Tags: activities, Bank, behind, loaning
State spending and bank lending to drive private sector growth in 2010
State spending and bank lending to drive private sector growth in 2010
RIYADH – Saudi Arabia’s private sector growth is expected to recover to 3.7 per cent in 2010, but will continue lingering below 4.7 per cent of 2008, prior to the global financial crisis, Credit Agricole’s Saudi affiliate said.
Read more on Khaleej Times
China ADRs slide as central bank tightens credit
China ADRs slide as central bank tightens credit
American shares of Chinese stocks mostly traded lower Tuesday after China’s central bank moved to tighten credit, raising the amount of money banks are required to keep on reserve.
Read more on AP via Yahoo! Finance