Amazon set to launch credit card in Brazil with Bradesco
SAO PAULO (Reuters) – Amazon.com will launch a credit card offering in Brazil, in a partnership with Brazilian lender Banco Bradesco SA, the bank’s chief executive said on Friday, as…
SAO PAULO (Reuters) – Amazon.com will launch a credit card offering in Brazil, in a partnership with Brazilian lender Banco Bradesco SA, the bank’s chief executive said on Friday, as…
NEW YORK (Reuters) – Big investors, such as pension funds and insurance companies, are willing to increase their allocation to credit and equity hedge funds through the rest of this…
NEWARK, NJ – On July 27, unidentified individuals reportedly stole a credit card from an unlocked vehicle and used it for multiple purchases. The Newark Public Safety Department is requesting…
‘That’s A Death Spiral’: Experts Blame Biden For Credit Rating Down Grade Will Kessler on August 3, 2023 Fitch Ratings downgraded the U.S. credit rating on Tuesday from “AAA” to…
ZURICH (Reuters) – Switzerland’s financial capital is bracing itself for the biggest wave of job losses in over a decade following Credit Suisse’s collapse earlier this year. Since the government…
By Tatiana Bautzer and Shankar Ramakrishnan NEW YORK (Reuters) – UBS Group is laying off employees from Credit Suisse’s investment bank this week in New York, a source familiar with…
A look at the day ahead in European and global markets from Brigid Riley Fitch delivered the markets a doozy of a surprise with an unexpected downgrade of the U.S.…
Karine Jean-Pierre Says US Credit Rating Downgrade ‘Defies Reality’ Harold Hutchison on August 1, 2023 White House press secretary Karine Jean-Pierre said Tuesday that a credit agency’s decision to downgrade…
US’ Credit Rating Downgraded Will Kessler on August 1, 2023 One of the world’s largest credit agencies announced on Tuesday that it was lowering the U.S.’ long-term credit rating from…
By Ceyda Caglayan ISTANBUL (Reuters) – Turkey’s banking watchdog has stopped allowing credit card payments by instalment for foreign travel, such as flights, travel agency fees and accommodation, in a…
By Andy Bruce and David Milliken LONDON (Reuters) -British lenders approved more mortgages than expected in June and net unsecured lending to consumers shot up by the most in over…
CAMDEN, N.J. – A man from Gloucester County, New Jersey has accepted responsibility for his involvement in fraudulent schemes. Misty Sarfo-Adu, a 28-year-old resident of Sewell, stood before U.S. District…
By Nell Mackenzie LONDON (Reuters) – European credit hedge funds topped a most-wanted list of global hedge fund strategies in the second half of this year, according to a report…
By Chiara Elisei LONDON (Reuters) – Corporate credit quality is weaker than financial markets currently price in, while defaults are likely to pick up in the second half of the…
BEIJING (Reuters) – China will guide banks to boost credit in the consumer service industry, its financial regulator said on Thursday, as authorities seek to boost a flagging post-pandemic economic…
By Safiyah Riddle (Reuters) – Weakening loan growth for U.S. banks and what top lending officers across the industry have to say about the credit outlook will color the debate…
By Marc Jones LONDON (Reuters) -Morgan Stanley cut Israel sovereign credit to a “dislike stance” on Tuesday after the country’s parliament passed the first in a series of laws sought…
WASHINGTON (Reuters) – The U.S. Federal Reserve announced Monday it had fined UBS Group AG $268.5 million for Credit Suisse’s misconduct around its dealings with the defunct investment firm Archegos…
DOVER, DE – The Dover Police Department is seeking assistance from the public in identifying a suspect involved in an unauthorized use of a credit card complaint. The suspect allegedly…
By Rae Wee SINGAPORE (Reuters) – When global commercial real estate services firm JLL found public debt and loan markets were averse to funding a property project in Arizona, it…
(Reuters) – Australia’s Zip Co Ltd said on Thursday it faced a jump in bad debts at home grounds, its biggest market by revenue, during the March-June quarter due to…
NEW YORK (Reuters) – Credit Suisse increased its year-end target on the S&P 500 to 4,700 from 4,050, citing a decline in the near-term U.S. recession risk and a stronger…
By Oliver Hirt ZURICH (Reuters) – UBS’s emergency takeover of Credit Suisse may lead to thousands of job losses, departures of key staff and a risky integration challenge, but for…
NEW YORK CITY, NY – The New York City Police Department seeks the public’s assistance in identifying a suspect in a grand larceny incident. The crime occurred in the early…
‘Massive Threat’: DeSantis Says Centralized Digital Currencies Open Door To ‘Social Credit System’ Harold Hutchison on July 14, 2023 Republican Gov. Ron DeSantis of Florida told Tucker Carlson Friday that…