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The Swiss central bank singled out Credit Suisse in its annual financial stability report as needing to "significantly expand its loss-absorbing capital.
Credit Suisse needs to increase its capital this year to prepare for a potential worsening of the European debt crisis, Switzerland's central bank said Thursday.
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PENSACOLA, Fla. -- Advantage Credit International(R) announced today that it has reached an agreement with PRBC(R) to become a verification partner an...
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AMSTERDAM, January 18, 2012 /PRNewswire/ --
International credit insurer Atradius N.V. said in a recent economic report, 'Sticking together - The future of the Eurozone', that the consequences of a breakup of the Eurozone would be highly damaging for a country that leaves the euro as well for those that remain within the currency union. A breakup is therefore perceived to be highly unlikely. The costs of a breakup would include an exaggerated decline in GDP, currency devaluations, and inflation in any country that left the Euro. Due to the extensive economic and financial integration within the Eurozone, the impact on countries that remain in the currency union would be severe as well.
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BASEL, Switzerland (HedgeWorld.com) - Close on the heels of reports from the Committee of European Securities Regulators and the International Organization of Securities Commissions on the role of credit rating agencies in structured finance, the Bank for International Settlements on Thursday [July 3] issued a report about ratings in structured finance that looked at "what went wrong and what can be done to address shortcomings?
The report, the work of a study group established by the BIS's Committee on the Global Financial System, was chaired by the Bank of England's Nigel Jenkinson, and incorporated feedback from the rating agencies themselves, investors and industry associations.
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A leading economic forecaster says Charleston is at risk of slipping back into a recession in as early as three months, but local officials are casting serious doubt on the claim.
Moody's Economy.com, a division of Moody's Corp. - an international credit rating agency that provides analysis of both commercial and government entities - has published a report that shows Charleston is one of 22 U.S. cities at risk of plunging into a "double-dip" recession.
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MINNEAPOLIS, Jan. 31, 2013 /PRNewswire-USNewswire/ -- ACA International, the Association of Credit and Collections Professionals, has reviewed the Federal Trade Commission's new report titled The Structure and Practices of the Debt Buying Industry.
(Logo: http://photos.prnewswire.com/prnh/20101018/ACALOGO)
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This final rule amends the regulations of the Bureau of Economic Analysis, Department of Commerce (BEA) to add new entities that are required to report information on the BE-150, Quarterly Survey of Cross-Border Credit, Debit, and Charge Card Transactions, to change the survey title, and to collect data in greater detail. Specifically, this rule expands the covered entities to include companies that operate debit networks based on a personal identification number (PIN). PIN-based debit network companies will be required to report on cross- border transactions between U.S. cardholders traveling abroad and foreign businesses and foreign cardholders traveling in the United States and U.S. businesses. This change improves the identification of cross-border travel transactions. This rule als...
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Business Editors
NEW YORK--(BUSINESS WIRE)--June 14, 2004
Fitch Ratings has issued a credit report on Marriott International, Inc. (MAR), followin...
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This paper is written to explore the many aspects of financing new business ventures and projects in customer service management organizations. New business financing can take many forms at different stages. The stages of a new business venture can include research and development, demonstration, early commercialization, and demand-driven commercialization. The various financial instruments that help ventures through these stages include Government finance, International funding Mechanisms, Private-sector finance, and Micro-credit and community-based financing (Chaurey, Gueye, & Babu 2004). Not all new business ventures go through these stages of development and financing. This report will also explore other new business venture financing and the entrepreneurial qualities that attra...
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Integration has been a recurrent theme on Chavez's political agenda-not Washington's kind, but the more regional-centric ALBA (Bolivarian Alternative for the Americas)- which is given reality by the concessional oil prices Venezuela has negotiated with various Latin American countries, as well as his proposal for a development bank for South America, Banco del Sur (Bank of the South). Public opinion in Latin America in general has a low regard for International Financial Institutions (IFIs), especially the IMF, which has been widely chastised for its prejudicial treatment of the Argentine economic melt-down earlier this decade and for the scores of years it spent setting harsh conditions in return for providing access to international credit.