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Credit Suisse to cut around 650 jobs in Britain (AP via Yahoo! News)
Investment bank Credit Suisse says it will cut around 10 percent of its British work force, or 650 jobs.
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Credit-card industry may cut $2 trillion lines: analyst (Reuters via Yahoo! News)
The U.S. credit-card industry may pull back well over $2 trillion of lines over the next 18 months due to risk aversion and regulatory changes, leading to sharp declines in consumer spending, prominent banking analyst Meredith Whitney said.
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Credit Suisse cuts 650 jobs in UK (BBC News)
Troubled Swiss banking giant Credit Suisse has confirmed that it will cut 650 jobs from its UK workforce.
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Credit Market Risks Rise as Economic Slump Claims Industrials (Bloomberg)
Dec. 1 (Bloomberg) -- The cost of protecting U.S. corporate bonds and loans from default rose as the credit slump that felled financial firms spread to industrial companies.
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Australia Corporate Bond Risk Rises, Credit-Default Swaps Show (Bloomberg)
Dec. 2 (Bloomberg) -- The cost of protecting investors in Australian corporate bonds against default increased, according to traders of credit-default swaps.
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Credit Suisse to cut around 650 jobs in Britain (AP via Yahoo! Finance)
Investment bank Credit Suisse says it will cut around 10 percent of its British work force, or 650 jobs. Monika Dunant, a spokeswoman for the Swiss-based investment bank, would not provide more details Monday or comment on whether there will be job cuts in other countries.
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S&P affirms Macy's credit rating, negative outlook (AP via Yahoo! Finance)
Standard & Poor's Ratings Services on Monday affirmed its credit ratings for department store operator Macy's Inc., citing the company's "generally good operating performance."
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City secretary of Combine arrested amid credit-card allegations (Dallas Morning News)
A city secretary for the town of Combine has been arrested on allegations that she charged $10,000 in personal items to a city credit card, sheriff’s officials said Monday.
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Credit Suisse to cut around 650 jobs in Britain (San Francisco Chronicle)
Investment bank Credit Suisse says it will cut around 10 percent of its British work force, or 650 jobs. Monika Dunant, a spokeswoman for the Swiss-based investment bank, would not provide more details Monday or comment on whether there will be job cuts in...
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Credit Card interest rates resume narrow decline (AP via Yahoo! Finance)
The average annual interest rates charged on popular types of credit cards fell slightly this week, resuming a multiweek decline after wavering last week, according to Bankrate.com Monday.
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