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Petrobras Mulling $60B Debt Issue

Brazilian state-run energy giant Petrobras may need to issue an additional $60 billion in bonds over the next few years to fund its massive investment program.

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Petrobras Mulling $60B Debt Issue

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S&P Sees Low Chance of Portugal Debt Default Even as Economy Struggles

Portugal is unlikely to default on its debt even as the economy fails to grow over the next two years, Standard & Poor’s said.

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S&P Sees Low Chance of Portugal Debt Default Even as Economy Struggles

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Credit Union Fix May cost $9.2 bn: US Regulators

Credit unions in the US may absorb as much as $9.2 billion in losses over the next decade as the industry strives to recover from sour investments in real estate and consumer loans, US regulators said today.

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Credit Union Fix May cost $9.2 bn: US Regulators

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Jaime Sarrio: Credit union offers real-world lessons for students

The Tennessee Credit Union is attracting a unique base of customers by opening its newest branch in a spacious, bright building with lots of foot traffic – a school lunchroom.

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Jaime Sarrio: Credit union offers real-world lessons for students

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Air Canada Forgoes Buying Planes to Cut Debt as Bonds Gain: Canada Credit

Air Canada is forgoing replacing aircraft as it tries to repay almost C$1 billion ($976 million) of debt in the next two years while Canada’s corporate bond market begins to outperform the rest of the world.

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Air Canada Forgoes Buying Planes to Cut Debt as Bonds Gain: Canada Credit

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Franken moves to curb abusive debt collection

The senator seeks to increase and improve protections for consumers who owe money.

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Franken moves to curb abusive debt collection

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Credit union fix may cost $US9.2b

Credit unions in the US may absorb as much as $US9.2 billion in losses over the next decade as the industry strives to recover from sour investments in real estate and consumer loans, US regulators said today.

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Credit union fix may cost $US9.2b

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Credit Union Fix May Be $9.2 Billion, Regulator Says

Credit unions in the U.S. may absorb as much as $9.2 billion in losses over the next decade as the industry strives to recover from sour investments in real estate and consumer loans, U.S. regulators said today.

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Credit Union Fix May Be $9.2 Billion, Regulator Says

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Banks, credit unions worry that reform will change business model

Banks, credit unions worry that reform will change business model By JERRY SIEBENMARK McClatchy Newspapers Updated Sep 4, 2010 04:55PM MDT WICHITA, Kan. • Bank and credit union executives will be waiting for the next several months, even years, for their business to change, perhaps dramatically, as federal regulators put in place the most significant piece of banking legislation in nearly two …

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Banks, credit unions worry that reform will change business model

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Govt debt seen breaching P5-T mark in 2011

The governments debt stock is expected to breach the P5-trillion mark by the end of 2011 as the Aquino administration aims at an average deficit of P251 billion over the next six years.

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Govt debt seen breaching P5-T mark in 2011

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