Hints and tips:
Related Special Reports
...Under the settlement, merchants are not required to pass on the savings from lower fees to consumers. They can also charge different prices to consumers based on which credit card they use....
...It will also allow merchants to charge different prices to consumers based on which credit card they use....
...A lack of available loans from traditional UK lenders is pushing vulnerable consumers towards unregulated credit products as they struggle financially in the cost of living crisis, according to a study....
...Credit card complaints in the UK have hit an all-time high as consumers rail against what they see as excessively high credit limits and interest rates....
...Capital One Financial, which is buying rival Discover Financial Services, is up 50 per cent. Americans held more than $1.1tn on their credit cards at the end of 2023, an all-time high....
...Now the problem is customer complaints about its subprime credit card business, via the Financial Ombudsman Service....
...“A very strong labour market means, all else equal, strong consumer credit,” Barnum said....
...Capital One’s $35.3bn proposed takeover of Discover Financial Services would fuse two leading credit card lenders and give it control of a network that connects consumers, merchants and banks....
...“And [they are] emblematic of what the DMA is supposed to deliver when it comes to choice for consumers.”...
...Many passengers only fly once a year and thus may not understand how services once included in a traditional airfare now cost extra, or how to navigate an airline’s website to find more pricing information...
...“The level of debt has been rising a lot, and credit card loans carry the highest rates of most consumer debt,” said Robert Sockin, a global economist at Citi....
...By September 2023, Weightman began assembling a private credit team, said Corinthia....
...Its own streaming service, Max, is not earning enough yet to offset the decline in traditional TV, and its number of “direct to consumer” subscribers in the US and Canada fell in the second half of last...
...Credit card lenders saw very low delinquency rates following government stimulus programmes during the Covid-19 pandemic but have warned that consumers are gradually spending down much of their excess savings...
...Buying Vizio would give it more ways to sell ads through Vizio’s TV sets and free video streaming service. Walmart’s weak M&A record invites scepticism....
...Full-service banks such as JPMorgan are built for scale — ie getting as many deals through the door as possible — so there’s only so much impact any one individual can make. That’s intentional....
...By clustering more services in one place, stores could not only spread out the costs but make more of their personal touch....
...rule that could cap the amount of late fees credit cards can charge consumers....
...Thus, while banks face liquidity pressure in a variety of asset-based finance areas backed by both consumer and non-consumer collateral, the fundamentals of the assets themselves are actually quite solid...
...“As a concept, credit-backed gilt repo is really exactly the same as having credit-backed swaps,” said Simeon Willis, chief investment officer at consultancy XPS Pensions....
...Goldman said in February it would explore “strategic alternatives” for its consumer platform, including credit cards....
...Alvarez & Marsal director Liam Evans said the proposal was “positive news” for consumers who travel and for businesses....
...Hedge funds and asset managers can buy those instruments, and trade them in Macau — a place better known for casinos than financial services....
...WWE’s decision to take Raw off USA Network, where it is the top-rated programme, also reflects the economic pressures on traditional cable television operators as more consumers shift to streaming....
...It seeks to prove lack of competition in markets in which Apple faces serious rivals and in which users are able to switch to different products and services....
International Edition