Latest news on ‘Financial Services Secondary’
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New credit card rules will help consumers better manage debt
Monday, Baylor University’s bookstore was filled with students as many headed to their first class of the semester.
Many students were using credit cards to pay for their books. A new [...] -
Visa, MasterCard rise on swipe-fee regulation pact
SAN FRANCISCO (MarketWatch) – Visa Inc. and MasterCard Inc. shares climbed Monday as U.S. politicians reached an agreement on the regulation of interchange, or “swipe,” fees on credit and debit [...]
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Citi Attracts Interest From Middle-Eastern Investors
NEW YORK (Dow Jones)–The Qatar Investment Authority has been interested in buying Citigroup Inc. (C) stock from the U.S. Treasury Department, according to a person familiar with the matter in [...]
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Obama hails new credit card rules
by David Jackson – Starting today, credit card companies have to give you ample notice if they change credit card rules.
“These new rules don’t absolve consumers of their obligation to [...] -
AIG Lowers Fed Debt, Transfers Non-U.S. Life Insurers
By Kevin Crowley and Hugh Son
(Bloomberg) – American International Group Inc. lowered its debt by $25 billion as the company transferred two overseas life insurance units destined for sale to [...] -
AmEx to buy Revolution Money payment platform
By Juan Lagorio
NEW YORK, Nov 18 (Reuters) – American Express Co (AXP.N) will acquire AOL co-founder Steve Case’s Revolution Money Internet-based payment platform for $300 million, the credit card company [...]
