NEW YORK – With retail sales proving more sluggish than expected — and concerns that home heating bills will crimp sales even further — many retailers are finding the need to be more creative this winter.
Popularity: 6% [?]
Archive for » February, 2006 «
Category: 2006 HSBC, In the U.S., Predatory Lending
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It is reported the banking and credit card industry spent 100 Million dollars lobbying the United States congress regarding the passage of the new bankruptcy laws.
Popularity: 3% [?]
Category: 2006 HSBC
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HSBC Bank (Malta) plc have launched a new finance scheme aimed at both prospective and existing boat and yacht owners. The Yacht Finance Scheme is the first Maltese banking product that is specifically designed to finance or refinance boats and yachts.
Popularity: 3% [?]
Category: 2006 HSBC, HSBC Worldwide
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KUALA LUMPUR: HSBC Insurance (Asia Pacific) Holdings Ltd expects its joint-venture with Jerneh Asia Bhd and the Employees Provident Fund (EPF) as a takaful operator to be profitable in three to five years.
Popularity: 3% [?]
Category: 2006 HSBC, HSBC Worldwide
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According to a group of prominent bankers, a lawsuit brought by retailers in the US alleging a number of major credit card issuers and banks colluded to fix processing prices will have far reaching consequences for the industry at large if it is successful. The group of international bankers, Reuters reports, has warned that a favorable outcome for the plaintiff retailers could cost the credit card industry over $100 billion and impact financial institutions far beyond US shores. “A merchant victory would reverberate disastrously,” Reuters reported Michael Lafferty, chairman of International Card and Payments Council, as saying. It “could bankrupt the global cards industry infrastructure and lead to a bank-card system that would be more expensive and bureaucratic to manage.”
Popularity: 4% [?]
Category: 2006 HSBC, Predatory Lending
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