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UK credit agency Experian 1H profit rises 15 pct (AP via Yahoo! News)
British credit agency Experian PLC said Wednesday its net profit rose 15 percent in the first half on strong growth in Latin America and a successful cost savings program.
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Brown hints at more steps to get credit flowing (AP via Yahoo! News)
Prime Minister Gordon Brown said Wednesday that further measures may be needed to encourage banks to resume a normal flow of credit to small British businesses and homeowners.
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China's Hu extends credit, donations to Cuba (AP via Yahoo! News)
Chinese President Hu Jintao has promised Cuba at least $78 million in donations, credit and hurricane relief to one of the few communist allies China has left.
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SEC delays action on credit rating agency rules (Reuters via Yahoo! News)
U.S. securities regulators on Wednesday delayed action on adopting stricter rules to rein in the credit rating agencies until December 3.
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Bank of America Sees Record Credit Card Losses (New York Times)
Bank of America Chief Executive Kenneth Lewis said on Tuesday the U.S. economy will get worse before it improves, and forecast record losses for the U.S. credit card industry.
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Investors Give Credit To Experian (Forbes)
Cost savings and geographical expansion have clearly paid off for the credit-checking company.
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China's Hu extends credit, donations to Cuba (AP via Yahoo! Finance)
Chinese President Hu Jintao left Cuba Wednesday after visiting a frail-looking Fidel Castro and promising at least $78 million in donations, credit and hurricane relief to China's communist ally.
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Downturn sparks credit union rush (BBC News)
Credit union staff in South Yorkshire say they are snowed under by people seeking loans as the recession begins to bite.
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FSA to Watch Credit Default Swaps for Insider Trading (Update1) (Bloomberg)
Nov. 19 (Bloomberg) -- Investors that use credit default swaps to create a false impression about the underlying securities may face insider trading charges, Britain's financial regulator said today.
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Disclosure Demands for Credit Swaps Said to Increase (Update1) (Bloomberg)
Nov. 19 (Bloomberg) -- U.S. regulators may require banks and insurers to disclose data about all credit-default swap trades to a central registry to boost transparency in the $47 trillion market, a person with knowledge of the talks said.
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