Murphy to sign major tax credit bill boosting NJ manufacturing and clean energy sector
TRENTON, NJ – Governor Phil Murphy is expected to sign Assembly Bill 5687 into law on Wednesday, launching the “Next New Jersey Manufacturing Program,” a sweeping new initiative designed to attract major…
KfW credit line for Uniper could be raised to 8 billion eur – Handelsblatt
BERLIN – The credit line facility by Germany’s state-owned KfW bank for gas importer Uniper is planned to be raised to 8 billion euros ($8.2 billion) from 2 billion, Handelsblatt reported on…
Experian first-quarter revenue rises on robust credit demand
(Reuters) -Experian reported higher first-quarter total revenue on Thursday, as the world’s largest credit data firm benefited from a robust demand in demand and supply of credit, mainly in North America. While…
Evesham Police Searching for Van Involved in Stolen Credit Card Purchases
EVESHAM, NJ – The Evesham Police Department is searching for the operator of a yellow van who used stolen credit cards at a local Wawa. According to police, on July 5 at…
Credit Suisse delays real estate fund’s float due to market turbulence
ZURICH – Credit Suisse has postponed the initial public offering of its 1a Immo PK real estate fund, the bank said on Wednesday, citing current market turbulence. Preparations for the float were…
The White House Is Already Trying To Take Credit For Falling Gas Prices. Here’s Why That’s Malarkey
The White House Is Already Trying To Take Credit For Falling Gas Prices. Here’s Why That’s Malarkey Jack McEvoy on July 12, 2022 A Biden administration economic official credited President Joe Biden’s…
Moody’s cuts Mexico’s credit rating by one notch, but improves outlook
MEXICO CITY – Moody’s Investors Service on Friday cut Mexico’s credit rating by one notch as it expects weak investment prospects and increased structural rigidities to constrain activity in Latin America’s second-largest…
U.S. consumer credit growth slows considerably in May
WASHINGTON – U.S. consumer credit rose at its slowest pace in four months in May as Americans pulled back on credit card usage, a trend that if sustained, could hamper consumer spending…
China tightens rules on $1.3 trln credit card business
SHANGHAI – China unveiled tighter rules late on Thursday to better regulate its $1.3 trillion credit card industry, urging lenders to adopt a “prudent” growth strategy, and monitor risks more closely. Banks…
Kinecta Federal Credit Union Helps Students Succeed and Invites the Community to Join its 13th Annual Backpack Drive
Backpacks filled with school supplies will be distributed to nonprofit community and school partners in New York ROCHESTER, N.Y., July 6, 2022 — As part of its commitment to support families and children,…
Kinecta Federal Credit Union Helps Students Succeed and Invites the Community to Join its 13th Annual Backpack Drive
Backpacks filled with school supplies will be distributed to nonprofit community and school partners in California MANHATTAN BEACH, Calif., July 6, 2022 — As part of its commitment to support families and…
NYC Man Became Disorderly After Being Flagged for Fraudulent Credit Cards at Holmdel Best Buy
HOLMDEL, NJ – A New York City man has been charged after causing a disturbance at the Holmdel Best Buy store on Friday, according to police. Holmdel Police reported that at about…
New Orleans Man Sentenced to Nine Years in Federal Prison for Massive Credit Card Fraud Scheme
NEW ORLEANS, LOUISIANA – On June 30, 2022 United States District Judge Eldon E. Fallon sentenced MAURICE DURIO, age 42, a New Orleans native to 108 months in federal prison for his…
Credit Suisse names new head of Swiss private banking
ZURICH – Credit Suisse on Tuesday said it was naming Roger Suter its new head of private banking in Switzerland, succeeding current manager Serge Fehr. “Credit Suisse is today announcing that Roger…
Police Searching for Bethesda Credit Card Thieves
BETHESDA, MD – Police are seeking to identify suspects involved in a credit card theft. Detectives are asking for the public’s assistance in identifying a suspect who committed multiple thefts in Bethesda.…
North Bay Accountant Sentenced To 29 Months In Prison For Bank Fraud, Embezzlement Of Credit Union Funds, And Tax Evasion In Connection With Schemes To Defraud Cavallo Point Lodge And Redwood Credit Union
SAN FRANCISCO – Stephanie Simontacchi was sentenced to 29 months in prison for bank fraud, embezzlement of credit union funds, and tax evasion in connection with schemes to use her access as…
Credit Suisse faces verdict in cocaine-cash trial
By Brenna Hughes Neghaiwi and John O’Donnell ZURICH – Swiss judges are set to rule on Monday whether Credit Suisse failed to prevent money laundering linked to an alleged cocaine trafficking gang…
Pawtucket Man Sentenced in Stolen ID, Credit Card Fraud Scheme
PROVIDENCE – A Pawtucket man has been sentenced to thirty months in federal prison for his participation in a conspiracy to use stolen identities to create fraudulent drivers’ licenses and credit cards…
Credit Agricole sees profit topping 6 billion euros in 2025, growth in Italy
By Matthieu Protard PARIS -French bank Credit Agricole is targeting a net profit of more than 6 billion euros ($6.3 billion) by 2025 and sees strong potential for its business in Italy,…
GEORGIA MAN CHARGED WITH CREDIT CARD FRAUD
St. Thomas, USVI – United States Attorney Delia L. Smith announced today that Demonn Chadwick Jenkins II, 27, of Georgia, appeared before United States Magistrate Ruth Miller following his arrest on June…
Credit Suisse rejects $515 million claim linked to fraudulent adviser
ZURICH – Credit Suisse on Sunday rejected a claim by Russian businessman Vitaly Malkin for 500 million francs ($515.62 million) he linked to a former client adviser at the bank who was…
California Man Sentenced To Prison For Fraudulently Obtaining Over 700 Credit Card Numbers To Purchase $500,000 In Las Vegas Event Tickets
LAS VEGAS – A California resident was sentenced yesterday by U.S. District Judge James C. Mahan to five years in prison followed by three years of supervised release for fraudulently obtaining over…
D.C. Police Search For Purse Snatchers Who Fraudulently Used Stolen Credit Card
WASHINGTON, D.C. – The Washington, D.C. Metro Police Department is investigating a Robbery/Pickpocket which took place on May 30th. This incident happened on the 1400 block of P Street in the Northwest…
Credit Suisse plans to call $1.5 billion AT1 instrument
ZURICH – Credit Suisse plans to call its $1.5 billion 7.125% high-trigger Tier 1 capital instrument for redemption on July 29, it said on Thursday. “This call is subject to successful completion…
Credit Suisse reinforces UK investment banking team with two hires – memo
LONDON – Switzerland’s second-largest bank Credit Suisse has hired two managing directors from JP Morgan and BNP Paribas to reinforce its UK investment banking and capital markets team. Jasper Reiser and Dimitri…
Police Searching For Suspects Who Robbed Cars, Used Stolen Credit Cards at Target
OLNEY, MD – The Montgomery County Police Department has released video surveillance footage of two suspects who broke into cars in the Olney area, then used stolen credit cards to make purchases…
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