Hints and tips:
...Barclays on Tuesday agreed to sell about $1.1bn worth of credit card debt to Blackstone, as the British bank steps up efforts to move assets off its balance sheet in advance of more onerous regulations,...
...News round-up Saudi Arabia sought central role in professional golf (FT) A glass house for Elon Musk sparks internal Tesla probe (WSJ) Bank of America to pay $250mn for overdraft and credit card abuse...
...“And then, you know, the whole world of visas and green cards and passports, it’s complicated,” he continued....
...Some think deposit insurance is a consumer protection tool, like limits on credit card fraud losses....
...StoyaInstead of the government defining what is and is not considered sexually acceptable, it’s a corporation. A credit card company is defining what is and is not sexually OK....
...“But it’s another to put the country’s day-to-day bills on a credit card — even Jeremy Corbyn didn’t do that.”...
...“Instead of the government defining what is and is not considered sexually acceptable, it is a corporation, a credit card company,” says Stoya....
...Ransomware attacks like the Colonial Pipeline one might get all the attention, but credit card and wire fraud cost businesses a thousand times more....
...These included credit card terms and conditions, and the process behind fulfilment of mortgages....
...At the same time, small businesses have typically preferred to use short-term credit, overdrafts and credit cards rather than debt to tide them over and bolster working capital....
...liquidity and limit the financial turmoil of an expected wave of credit downgrades....
...The budget airline joins a growing list of corporations that promise to calculate the emissions of certain activities and purchase carbon credits from projects that remove an equivalent amount of greenhouse...
...Founded on the strength of a A$10,000 credit card debt in 2002 by Mike Cannon-Brookes and Scott Farquhar, it now serves 182,000 customers. Jamie Smyth in Sydney 80....
...card fraud (FT) Acacia hits back at Barrick (FT) Raytheon ‘not just seeking size’ with UTC deal (FT) US Fed quizzes Deutsche on ‘bad bank’ plans (FT) H2O cuts exposure to illiquid bonds as it battles...
...Negative rates may be necessary to help support the flow of credit to non-financial corporations. But much of the heavy lifting will have to be done by fiscal policy....
...card networks....
...(FT) Amazon’s fake review problem There is an entire invisible workforce online conducting review fraud and it is designed to evade Amazon’s efforts to thwart it....
...If problems continue with a listed bank, the FDIC takes control and then looks to sell the bank to a stronger lender or liquidate it, refunding depositors....
...Many London clients, the documents show, also had American Express or Barclays credit cards linked to an offshore company, some with credit limits in six figures....
...Britons spent a record £1bn on contactless cards last November....
...A reform of US corporation tax would reduce the competitive advantage of the UK’s present corporation tax policy....
...Let me give credit where credit is due. Many in the soft drinks industry recognise there’s a problem and have started to reformulate their products....
...The US company sent about 30 staff to advise the bank on its newly introduced credit card operations and on improving branch services....
...loans than credit cards....
.... ——– Two weeks ago, as part of its “New Initiatives to Support Startups and Research Focused on Improving Financial Inclusion in the U.S,” credit card giant American Express announced its intention to...
International Edition