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Bank Credit-Default Swaps Rise by Most in a Month on Bets for More Capital

admin — Tue, 07 Sep 2010 11:07:57 +0000

The cost of insuring against losses on bonds sold by European financial companies rose by the most in a month on concern higher capital requirements and losses from sovereign debt holdings will endanger the recovery.

Ex-Polygon Credit Heads Burgess, Mattera Seek $100 Million for Debt Fund

admin — Tue, 07 Sep 2010 10:35:54 +0000

Ian Burgess and Alfredo Mattera , who headed the credit unit at London-based asset manager Polygon, are seeking $100 million for a distressed debt fund.

Don’t let fiance’s debt ruin your credit

admin — Tue, 07 Sep 2010 10:00:00 +0000

You may want to help with your fiance’s debt, but follow these tips to protect your credit.

In Europe’s Debt Crisis, Lending Was Still Strong

admin — Tue, 07 Sep 2010 07:12:41 +0000

Even as Europe’s sovereign debt crisis intensified early this year, banks continued to load up on debt from Greece and other countries with the most acute fiscal problems, according to a report released on Sunday.

Credit Suisse Said to Update Price Guidance Ahead of Sale of Samurai Bonds

admin — Tue, 07 Sep 2010 04:34:21 +0000

Credit Suisse Group AG , the second- biggest Swiss bank by assets, updated its price guidance for a planned sale of Samurai bonds tomorrow, according to a person with direct knowledge of the transaction.

Credit Card Consolidation: Tips on Consolidating Credit Card Debt

admin — Mon, 06 Sep 2010 19:00:05 +0000

Credit card consolidation programs can help many individuals lower their credit card debt and consolidate into a single and more affordable program. It’s a smart idea, to pay off your credit card debt with one loan that has a low interest rate. But according to Bankrate and Helium, here are some things you need to know before you take this route. When transferring debt into one card, make sure …

Emerging-Market Credit-Linked Note Sales Boosted as Investors Seek Yield

admin — Mon, 06 Sep 2010 11:05:53 +0000

Investors are seeking higher returns from credit-linked notes tied to the debt of some of the world’s lowest-rated countries.

Credit Agricole, Societe Generale To Meet Australia Debt Investors – Sources

admin — Mon, 06 Sep 2010 07:09:00 +0000

Credit Agricole, Societe Generale To Meet Australia Debt Investors – Sources

Debt levels should fall after pre-crisis jump: BIS

admin — Sun, 05 Sep 2010 19:03:17 +0000

Debt levels that ran up ahead of the financial crisis have shown only a modest decline since and are likely to fall sharply in the coming years, a study said.

Credit in El Paso

admin — Fri, 03 Sep 2010 14:37:42 +0000

EL PASO- The Obama Administration’s overhaul of the credit industry took it’s final steps last week. A local debt counselor says they will have a major impact on El Pasoans.