Royal Bank of Scotland, Barclays and HSBC were among a slew of global banks that had their credit ratings cut by ratings agency Standard & Poor's late last night. Read the original post: S&P downgrades British and US banks
[ read more ]
The global financial system is on the edge of a new credit crunch as the cost of insuring the bonds of banks across the world hits new highs, analysts said. Read more here: Banking crisis set to trigger new credit crunch
[ read more ]
ZURICH - Swiss bank Credit Suisse is being investigated by the U.S. Department of Justice as part of a broader inquiry into banks suspected of helping Americans evade taxes. Read the original post: Credit Suisse says target of U.S. probe
[ read more ]
There are some benefits of consolidating your financial obligations into a single debt consolidation loan. Perhaps even the word 'consolidation' is calming for most people. It invokes the notion of reducing many little plus some not so little difficulties and amalgamating all of them into a single w
[ read more ]
Debt assist is an alternative to bankruptcy. This process allows you to pay back your debt, but usually at a lower amount than the original debt. This can make several payments turn into one. This can also free up money to help boost your financial situation. This can also help eliminate the ten yea
[ read more ]
* Lactalis names nine members on Parmalat's 11-strong board More: UPDATE 1-Lactalis wins Parmalat control battle
[ read more ]
Children don’t cheat on their taxes, right? Of course not More: Personal Finance Daily: Are your kids cheating on their taxes?
[ read more ]
New York City's campaign finance system, often lauded as the best in the nation, is under attack. The United States Supreme Court may be about to severely curtail the role of public financing in elections. The rest is here: Morgan Pehme: Pulling the Trigger: U.S. Supreme Court Threatens Campa
[ read more ]
Jennifer Waters writes today that drivers can look forward to a drop in gasoline prices of as much as 10 to 15 cents per gallon in the coming weeks — even during the July 4th holiday weekend. That’s a trickle-down effect of the International Energy Agency’s decision to unleash some 60 million
[ read more ]
LONDON - While governments and regulators dither, IntercontinentalExchange energy hub has moved ahead of the curve, with steps to boost transparency that could increase the lure of its flagship Brent contract over its U.S. rival. Read more from the original source: Self-regulation the way fo
[ read more ]
