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Some more reports relevant to this subject:
- www.bloomberg.com
Bank of America Credit-Card Unit Loses $373 Million on Defaults - Bloomberg Boston Globe Bank of America Credit - Card Unit Loses $373 Million on Defaults Bloomberg - Oct 21, 2008 The $35 billion purchase of MBNA made Bank of America the largest US credit - card issuer at the time. For the first nine months of this year, Bank of America ... Top issuer BofA hurt by card defaults Financial Times What's next? A credit card meltdown. The Free Lance-Star all 9 news articles
- biz.yahoo.com
North American Bancard Launches Alliance Division (Marketwire via Yahoo! Finance) North American Bancard, a "Top 35" bank card acquirer today announced the creation of a new company division dedicated to serving the electronic payments processing needs of organizations and downstream clients requiring a merchant services segment specialist.
- www.reuters.com
Japan Oct corporate bankruptcies up 13.4 pct yr/yr - Reuters Japan Oct corporate bankruptcies up 13.4 pct yr/yr Reuters - 10 hours ago The failure of mid-sized insurer Yamato Life Insurance Co and real estate investment trust New City Residence Investment Corp accounted for 38 percent of ...
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