European credit CDS jumps as Fed-speak spooks markets
(Reuters) – The cost of insuring exposure to corporate bonds surged on Wednesday as stock markets tumbled on worries of aggressive U.S. rate hikes hurting growth and further Western sanctions…
(Reuters) – The cost of insuring exposure to corporate bonds surged on Wednesday as stock markets tumbled on worries of aggressive U.S. rate hikes hurting growth and further Western sanctions…
SHREVEPORT, La. – United States Attorney Brandon B. Brown announced that Helen Godfrey-Smith, 72, of Shreveport, Louisiana, has been sentenced by United States District Judge Elizabeth E. Foote for making…
ATHENS – Credit servicer doValue Greece, a subsidiary of Italy’s biggest debt recovery firm doValue, said on Tuesday it was awarded a new loan servicing mandate for a 500 million…
BERGEN COUNTY, NJ – A high-tech cocaine dealer and credit card thief had a hidden compartment in his dashboard that opened electronically to hide his drugs and credit cards. Police…
(Reuters) – Moody’s said on Thursday it has withdrawn all ratings on Russia and its rated Russian sub-sovereign entities. The company said it had decided to withdraw the ratings for…
MEXICO CITY – Mexico’s financial stability council said on Wednesday that there is risk of credit rating action on the ratings for the sovereign and state oil firm Petroleos Mexicanos…
SHIELDS: Republicans Can Win Big In 2022 With The Child Tax Credit Mike Shields on March 29, 2022 This year, Republicans have a chance to win over suburban moms —…
Exceptional Retail and Services Determined by Ballots Cast Online at EasyReaderNews.com during January and February 2022 MANHATTAN BEACH, Calif., March 29, 2022 — For a second year, Kinecta Federal Credit Union…
Credit Unions of all sizes partner with Upgrade to acquire assets and new members SAN FRANCISCO, March 30, 2022 — Upgrade, Inc., a fintech company that offers affordable and responsible…
NEWARK, NJ – Do you know this man? Have you seen him? On March 23, 2022 police responded to the 500 block of 13th Avenue for a theft of four…
MANHATTAN BEACH, Calif., March 28, 2022 — MemberXP, a member experience management software from CU Solutions Group, has named Kinecta Federal Credit Union one of their 2022 Best of the Best…
TRENTON, NJ – Trenton lawmakers are proposing a $500 tax credit to help residents contend with soaring gas prices, energy costs, and inflation. With no indication that Governor Phil Murphy…
ZURICH – Credit Suisse stopped pursuing new business in Russia after the invasion of Ukraine on Feb. 24, the Swiss bank said on Monday in an internal document seen by…
ZURICH – Some shareholders in Credit Suisse do not want the bank to hold a vote in the annual meeting on absolving senior executives from losses racked up in the…
PHOENIX, Ariz. – Susan Irene Romero, 64, of Gilbert, Arizona, was sentenced yesterday by U.S. District Judge John J. Tuchi to 26 months in prison and ordered to pay $2,360,000…
By Davide Barbuscia NEW YORK – U.S. credit markets saw some respite after the Federal Reserve hiked interest rates last week, but the relief is expected to be short-lived as…
– Moody’s Investors Service (MIS) said on Thursday it intends to withdraw its credit ratings on Russian entities, following similar moves by Fitch and S&P Global Ratings. The rating agency’s…
WASHINGTON – The export credit agencies of the United States, Britain and Canada said on Wednesday that they are withdrawing new export credit support for Russia and Belarus over Russia’s…
By Iain Withers and Julien Ponthus LONDON – France’s Credit Agricole said on Tuesday it had suspended all services in Russia, joining a retreat by other international banks since Moscow’s…
By Silke Koltrowitz ZURICH -Credit Suisse shook up its board on Monday, including the departure of its influential vice chair Severin Schwan, as it attempts to draw a line under…
Companies Agree to Extend Private Label Credit Card Offering and Explore New Opportunities Together MCLEAN, Va., March 18, 2022 — Kohl’s (NYSE: KSS) and Capital One, National Association, a subsidiary…
– The recent surge in COVID-19 cases across China is likely to have a minimal impact on the country’s GDP this year, two brokerages said in their reports, while adding…
MILAN – Swiss bank Credit Suisse has upgraded Chinese stocks to ‘overweight’ following a recent commitment by the country’s policymakers to support the economy. “We think that Chinese equities offer…
COLOMBO – Sri Lanka’s Finance Minister Basil Rajapaksa signed a $1 billion credit line with India on Thursday to help ease crippling shortages of essential items, including fuel, food and…
Aleksandr Maslov, 40, of Sacramento, was sentenced today by U.S. District Judge John A. Mendez to 24 years and four months in prison, for his involvement in an international credit card…