Archive for March, 2012

German finance minister pushes for bailout support

| March 30, 2012 | 0 Comments

BERLIN (AP) — Germany‘s finance minister called on lawmakers to approve a permanent European rescue fund and a new budget-discipline pact, saying they are critical to future stability. Germany’s Parliament is expected to vote in late May on approving the permanent €500 billion ($667 billion) European Stability Mechanism, or ESM. The government also wants to […]

Filed Under: Credit Card News

Fitch Publishes U.S. Leveraged Finance Spotlight Series: Level 3 Communications, Inc.

| March 30, 2012 | 0 Comments

Link to Fitch Ratings‘ Report: U.S. Leveraged Finance Spotlight — HCA, Inc. http://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=651626 Fitch Ratings has published a company report on Level 3 Communications, Inc. (Level 3), the latest in Fitch’s recurring ‘Spotlight Series‘ of leveraged finance reports. Fitch upgraded Level-3 Communications’ Issuer Default Rating to ‘B’ from ‘B-‘ on Oct. 4, 2011 and assigned […]

Filed Under: Credit Card News

Co-op admits deal to buy 632 branches from Lloyds Banking Group hangs in balance

| March 30, 2012 | 0 Comments

By James Salmon And Rupert Steiner PUBLISHED: 15:50 EST, 29 March 2012 | UPDATED: 15:50 EST, 29 March 2012 Enlarge   The Co-op has admitted that its deal to buy 632 branches from Lloyds Banking Group hangs in the balance. Co-op’s empire – which extends from supermarkets to funeral homes – yesterday posted a 5.8 […]

Filed Under: finance news

Why Ben Bernanke isn’t declaring victory for America’s economic recovery

| March 30, 2012 | 0 Comments

Over the last three years, it has become the Federal Reserve’s version of the waiting game cardinals make the world play when they elect a new Pope. What’s at stake is, of course, different. It’s not about who will lead the world’s more than one billion Catholics, but whether the Fed has anything left up […]

Filed Under: Latest Finance News

MARKET REPORT: Bears picnic on a bad news diet

| March 29, 2012 | 0 Comments

By Geoff Foster PUBLISHED: 15:49 EST, 29 March 2012 | UPDATED: 16:02 EST, 29 March 2012 It was a day for fund managers to exit stage right. Bears happily picnicked on a toxic diet of bearish news, dragging first-quarter proceedings towards a disappointing close. The OECD gave the fragile Footsie an early kick in the […]

Filed Under: finance news

UK sits pretty amid Europe’s demographic timebomb

| March 29, 2012 | 0 Comments

If like me you sometimes find yourself wondering why the UK and the Netherlands have managed to cling on to their triple A credit ratings while all around are losing theirs, the following graphic, drawn from research by Renaissance Capital, provides a quite plausible explanation. As can be seen, the amount Britain spends on pensions […]

Filed Under: Latest Finance News

Changes to Credit Card Statements Announced

| March 29, 2012 | 0 Comments

Credit card customers will be getting a different sort of statement through their letterbox this year, the UK Cards Association has announced. There are currently 31 million card users in the UK, and they are set to see a new type of credit card statement for the first time this year. The new statements are […]

Filed Under: Credit Card News

The Finance Crisis: Part One

| March 29, 2012 | 0 Comments

In this panel discussion from The Finance Crisis: Lessons Learned from Canada and the Way Forward, the conversation, moderated by Roger Martin, Dean of the Rotman School of Management at the University of Toronto, focuses on Canada’s performance during the financial crisis and what regulators can take away from its success. Panelists: Michael Horgan, Deputy […]

Filed Under: Finance Videos

VOLTA FINANCE

| March 29, 2012 | 0 Comments

NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES ***** Guernsey,28 March 2012 -Following the publication of the Semi-Annual Report and Accounts 2012, Volta Finance Limited will host a conference call for analysts and investors on 4 April 2012 at 11:00 (France time) / 10:00 (UK time) […]

Filed Under: Credit Card News

Men Spend More With Credit Cards Than Women

| March 29, 2012 | 0 Comments

Men spend more money on their credit cards than women do, research into our credit card spending habits has revealed. It was found that the average male credit card user will spend 15% more with his plastic than the average female card user will. The research also revealed that men spend more than women on […]

Filed Under: Credit Card News
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