Credit Suisse breach revealed (National Post)
Posted in Credit Card Debt, Loan Modifications by admin on February 16th, 2009
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On two days in mid-September, when stock markets were roiled by the unfolding economic crisis, Credit Suisse Securities (Canada) Inc. failed to maintain the capital cushion demanded by regulators to safeguard client money.
OSK: Lower credit card rates won’t affect banks (Business Times (Malaysia))
The reduced annual interest rates for credit card announced last week are unlikely to affect credit card interest income stream for banks in general, said OSK Research.
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