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Experts: Cybercrime as Destructive as Credit Crisis (PC Magazine via Yahoo! News)
Cybercrime is likely to wreak as much havoc as the credit crisis in the coming years if international regulation is not improved, some of the world's top crime experts said on Wednesday.
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Credit Card Users Keep Getting Squeezed, Rates and Fees Rising (US News & World Report)
Credit card issuers are taking a number of responses that will make life more difficult for small-business owners who rely on credit card debt.
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TD Bank to report credit trading hit (AP via Yahoo! Finance)
Toronto-Dominion Bank says it will report $350 million Canadian dollars in after-tax credit trading losses in its fourth quarter.
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U.S. Corporate Bond Risk Holds Near Record, Credit Swaps Show (Bloomberg)
Nov. 20 (Bloomberg) -- The cost of protecting U.S. corporate bonds from default held near a record, a benchmark credit-default swaps index shows.
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Bond Risk Rises to Record in Europe, Credit-Default Swaps Show (Bloomberg)
Nov. 20 (Bloomberg) -- The cost of protecting European corporate bonds from default rose to a record, according to traders of credit-default swaps.
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Corporate Bond Risk Rises in Europe, Credit-Default Swaps Show (Bloomberg)
Nov. 20 (Bloomberg) -- The cost of protecting European corporate bonds from default rose, according to traders of credit-default swaps.
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SEC's Erik Sirri Testifies on Credit Default Swaps (Nasdaq)
(RTTNews) - Securities and Exchange Commission Division of Trading and Markets Director Erik Sirri gave a testimony on credit default swaps Wednesday.
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Wal-Mart gives credit to boost MLK Memorial effort (Miami Herald)
Wal-Mart's charitable arm announced a $12.5 million letter of credit Thursday for the planned Martin Luther King Jr. Memorial on the National Mall to help start construction, though a disagreement over how to secure the site may delay the project until sometime next year.
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New York To Delay Plans To Regulate Credit Swaps (Nasdaq)
WASHINGTON -(Dow Jones)- New York State Insurance Superintendent Eric Dinallo told a House panel Thursday that the state will delay "indefinitely" its plans to regulate certain kinds of credit-default swaps.
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TD Bank to report $350 million in fourth-quarter credit losses (The Canadian Press via Yahoo! Canada News)
TORONTO - TD Bank (TSX:TD) says it will book $350 million in credit trading losses in its fourth quarter, the latest of Canada's big banks to report exposure to troubled financial markets.
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