year
Debt: an unnecessary evil
September 19, 2010 by publisher · Leave a Comment
Ausgram (Burdwan) Sept. 19: Back-breaking debt, a curse that conspired with the drought to claim three lives in Burdwan this year, could have been avoided had farmers borrowed from state-owned cooperative banks and not from moneylenders at much higher interest.
See more here:
Debt: an unnecessary evil
year
Pimco Buys Bank Debt as Basis Swaps Go Negative: Credit Markets
September 19, 2010 by admin · Leave a Comment
Gaps between credit-default swaps and bonds have widened to 25 basis points from less than 2 basis points about three months ago, according to Citigroup Inc. Pimco, the manager of the world’s largest bond fund is finding as much as 1 percent of extra yield even after paying to insure bank debt, said…
Read the original post:
Pimco Buys Bank Debt as Basis Swaps Go Negative: Credit Markets
year
Ford Motor Credit Plans $1 Billion of Five-Year Notes as Soon as Today
September 14, 2010 by publisher · Leave a Comment
Ford Motor Credit Co. , the second- biggest issuer of high-yield corporate debt this year after Ally Financial Inc., may sell $1 billion of five-year notes, according to a person familiar with the transaction.
Read the rest here:
Ford Motor Credit Plans $1 Billion of Five-Year Notes as Soon as Today
year
Credit card reform leaves small businesses unprotected
September 13, 2010 by publisher · Leave a Comment
Consumers may be cheering the new credit card protections that Congress enacted earlier this year. But if you’re a small business, your plastic has likely been a big pain in the wallet.
Originally posted here:
Credit card reform leaves small businesses unprotected
year
U.K. Credit-Card Bond Spreads Narrow to Lowest Since ’08 as Supply Shrinks
September 13, 2010 by admin · Leave a Comment
Relative yields on U.K. credit card-backed bonds fell to the lowest in almost three years amid investor demand for securities that pay spreads almost five times those of similar notes in the U.S.
Read more:
U.K. Credit-Card Bond Spreads Narrow to Lowest Since ’08 as Supply Shrinks
year
Credit Agricole May Sign Pact With Citic This Year, Slone Says
September 13, 2010 by publisher · Leave a Comment
Credit Agricole SA may sign an agreement to combine brokerage and investment-banking units with China’s Citic Securities Co. this year, said the head of the French lender’s Asian broking unit.
Here is the original:
Credit Agricole May Sign Pact With Citic This Year, Slone Says
year
Credit Agricole’s CLSA May Sign Agreement With Citic This Year, Slone Says
September 13, 2010 by admin · Leave a Comment
Credit Agricole SA may sign an agreement to combine brokerage and investment-banking units with China’s Citic Securities Co. this year, said the head of the French lender’s Asian broking unit.
Continued here:
Credit Agricole’s CLSA May Sign Agreement With Citic This Year, Slone Says
year
Credit Union Regulator Cites 2 Local Execs in Amended Lawsuit
September 13, 2010 by admin · Leave a Comment
The National Credit Union Administration, the main regulatory agency to the nation’s 8,000 credit unions, filed an amended lawsuit against 15 former officers and directors, including two top San Diego executives, for their alleged role in the failure of Western Corporate Federal Credit Union.
See the original post:
Credit Union Regulator Cites 2 Local Execs in Amended Lawsuit
year
Junk Debt ¿Best Bet’ as Issuance Beats Record: Credit Markets
September 10, 2010 by admin · Leave a Comment
Ally Financial Inc., the lender previously known as GMAC Inc., and the lending arm of Ford Motor Co. have led $208.3 billion of speculative-grade debt sales this year through today, compared with $208.1 billion for all of 2009, according to data compiled by Bloomberg.
More:
Junk Debt ¿Best Bet’ as Issuance Beats Record: Credit Markets
year
Visant Plans Debt as Bond Sales Rack up Third-Busiest Day: New Issue Alert
September 8, 2010 by admin · Leave a Comment
Visant Holding Corp., the U.S. publishing firm owned by KKR & Co., is marketing debt as corporate bond sales jumped to the third-most this year.
Here is the original post:
Visant Plans Debt as Bond Sales Rack up Third-Busiest Day: New Issue Alert