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Search Results for "Citigroup"
Results in News (400) Sorted by date
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(10/19/09) Commercial Bankruptcies: Preference Payments Press Release The items below are excerpted from the Business Bankruptcy News Bulletin. Also, any attempts to recover amounts less than $10,000 from any one creditor, by a debtor or trustee, must be made in the District Court in the creditor’s jurisdiction rather than in the U.S. ...
(10/19/09) Commercial Bankruptcies: Preference Payments Press Release The items below are excerpted from the Business Bankruptcy News Bulletin. Also, any attempts to recover amounts less than $10,000 from any one creditor, by a debtor or trustee, must be made in the District Court in the creditor’s jurisdiction rather than in the U.S. ...
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(08/07/09) Carmine Dorio, Senior Vice President, Progressive Financial Services Inc.Mr. Dorio brings over 42 years of experience in the credit and collections industry to Persolvo’s Strategic Advisory Board. Michael Walker, CEO, Payment Program Management CorporationMr. Walker is the Co-Founder & Chairman of Payment Programs Management Corporation, an Omaha-based specialty financial services company that ...
(08/07/09) Carmine Dorio, Senior Vice President, Progressive Financial Services Inc.Mr. Dorio brings over 42 years of experience in the credit and collections industry to Persolvo’s Strategic Advisory Board. Michael Walker, CEO, Payment Program Management CorporationMr. Walker is the Co-Founder & Chairman of Payment Programs Management Corporation, an Omaha-based specialty financial services company that ...
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(07/22/09) High Credit Card Default Rates--A Big Factor in APR and Fee Hikes Press Release A look at the default statistics released last week by credit card issuers helps explain why consumers are seeing interest rate hikes and decreases in their credit limits. Default rates and charge-offs are still weighing down the credit card industry, costing banks billions of dollars. Here are the default rates from other major credit card issuers: Capital One's rate rose ...
(07/22/09) High Credit Card Default Rates--A Big Factor in APR and Fee Hikes Press Release A look at the default statistics released last week by credit card issuers helps explain why consumers are seeing interest rate hikes and decreases in their credit limits. Default rates and charge-offs are still weighing down the credit card industry, costing banks billions of dollars. Here are the default rates from other major credit card issuers: Capital One's rate rose ...
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(04/23/09) 40 Percent Vote at Citi Demonstrates Strong Shareholder Support for Political Disclosure Press Release Washington DC - The Center for Political Accountability hailed the 40 percent vote for a political disclosure resolution at About The Center for Political Accountability The Center for Political Accountability is a nonprofit, nonpartisan advocacy group whose mission is to bring transparency and accountability to ...
(04/23/09) 40 Percent Vote at Citi Demonstrates Strong Shareholder Support for Political Disclosure Press Release Washington DC - The Center for Political Accountability hailed the 40 percent vote for a political disclosure resolution at About The Center for Political Accountability The Center for Political Accountability is a nonprofit, nonpartisan advocacy group whose mission is to bring transparency and accountability to ...
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(02/24/09) It urged financial services companies to:disclose on the company website all political spending including soft money contributions and payments to trade associations and other tax-exempt organizations that are used for political purposes;require board oversight of their corporate political spending; andadopt policies and procedures for approval and review of political spending. Center for Political Accountability...
(02/24/09) It urged financial services companies to:disclose on the company website all political spending including soft money contributions and payments to trade associations and other tax-exempt organizations that are used for political purposes;require board oversight of their corporate political spending; andadopt policies and procedures for approval and review of political spending. Center for Political Accountability...
Results in Analysis (3) Sorted by relevance
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(11/20/08) Data Causing Concern for Credit Card Market As if the banking and credit sectors hadn’t taken their fare share of licks this year, this week’s data has highlighted that no one had, or currently has, a complete grasp of the extent to which the economic crisis has hurt credit performance. But as the housing market’s troubles persist, credit issuers now have to deal with the very real possibility that the credit crisis may push down credit card loan performance back ...
(11/20/08) Data Causing Concern for Credit Card Market As if the banking and credit sectors hadn’t taken their fare share of licks this year, this week’s data has highlighted that no one had, or currently has, a complete grasp of the extent to which the economic crisis has hurt credit performance. But as the housing market’s troubles persist, credit issuers now have to deal with the very real possibility that the credit crisis may push down credit card loan performance back ...
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(04/23/08) Card Charge Offs Latest Sign of Rising Consumer Debt Household debt is growing, just as prices are rising for necessities such as food, up 4.5 percent from a year ago, and energy, which has seen a reported 17 percent increase. For example, Bank of America, the largest U.S. credit card issuer with managed receivables of $161.7 billion, saw its first quarter 2008 card charge-off rate increase to 5.19 percent, up from 4.73 percent in the same period last year, an increase of nearly...
(04/23/08) Card Charge Offs Latest Sign of Rising Consumer Debt Household debt is growing, just as prices are rising for necessities such as food, up 4.5 percent from a year ago, and energy, which has seen a reported 17 percent increase. For example, Bank of America, the largest U.S. credit card issuer with managed receivables of $161.7 billion, saw its first quarter 2008 card charge-off rate increase to 5.19 percent, up from 4.73 percent in the same period last year, an increase of nearly...
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(05/28/08) In the Federal Reserve’s monthly release of consumer credit – known as the G.19 – the Fed reported that Americans added $15.29 billion to total outstanding credit debt in March, an annual rate of 7.2 percent compared to the 3.1 percent annual rate seen in February ("Consumer Credit Surges in March, Defying Expectations," May 8). In particular, revolving credit or credit...
(05/28/08) In the Federal Reserve’s monthly release of consumer credit – known as the G.19 – the Fed reported that Americans added $15.29 billion to total outstanding credit debt in March, an annual rate of 7.2 percent compared to the 3.1 percent annual rate seen in February ("Consumer Credit Surges in March, Defying Expectations," May 8). In particular, revolving credit or credit...
Results in Research (1) Sorted by relevance
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Global Debt Buying Report: Chapter 3: Volume in the U.S. Credit Card Market 
(03/15/06) Global Debt Buying Report - Volume in the U.S. Credit Card Market The Nilson Report is the most frequently cited information source on the subject of measuring the volume of U.S. credit card portfolio sales. Debt Buyers Describe More Paper Available for PurchaseDebt buyers agree that an exact market sizing is very challenging. --PAGEBREAK-->The increasing tendency of credit issuers to sell portfolios of delinquent debt as part of their ...
(03/15/06) Global Debt Buying Report - Volume in the U.S. Credit Card Market The Nilson Report is the most frequently cited information source on the subject of measuring the volume of U.S. credit card portfolio sales. Debt Buyers Describe More Paper Available for PurchaseDebt buyers agree that an exact market sizing is very challenging. --PAGEBREAK-->The increasing tendency of credit issuers to sell portfolios of delinquent debt as part of their ...
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