credit News Archive

Proper Credit Managment Is Essential If Your Job Is Shaky (Fox News)

Proper Credit Managment Is Essential If Your Job Is Shaky

Credit Still Scarce A Year Into Crisis, Despite Fed Efforts (Investor's Business Daily via Yahoo! Finance)

A year after rising losses on subprime mortgage loans sparked a credit crunch, banks remain reluctant to lend to businesses and individuals,...

Orix Rejects Report It Is in Merger Talks With Credit Saison (Bloomberg.com)

Aug. 5 (Bloomberg) -- Orix Corp., Japan's largest non-bank financial company, rejected a report that it is in talks with Credit Saison Co., the Japanese credit card firm backed by Mizuho Financial Group Inc.

Orix and Credit Saison in $106 billionmerger talks (Reuters via Yahoo! News)

Orix Corp (8591.T), Japan's largest leasing company, and consumer credit firm Credit Saison (8253.T) are in merger talks, financial sources close to the matter said on Tuesday, seeking a deal to form a $106 billion finance group.

Fortis says profits halved by credit market turmoil (AFP via Yahoo! News)

Belgian-Dutch banking and insurance group Fortis reported on Monday a halving of its second-quarter net profits owing to the credit market crisis, cutting the figure for the first six months by 41 percent.

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