Discover’s Goldfish founders
The US credit card business said the non-cash impairment charge would be equal to all or substantially all of the…
ByYear: 2007
Credit crunch forces Capital One to abandon NetSpend acquisiton
Capital One announced expected credit losses of between $4.9 billion and $5.5 billion in 2008 (see CI 391), which senior…
ByRegion round-up
Chinas Bank of Ningbo has partnered with online gem trader diamondschina.com to launch Chinas first co-branded luxury credit card targeting…
ByCI Country Survey: Scheme debit cards encroach on credit
Government reforms have had significant effects on the profitability and product structure of the credit card industry in Australia. Following…
ByBank of Montreal partners for growth
BMO Bank of Montreal wants to grow its portfolio and the businesses served by it on a global scale, and…
ByAre cards facing the credit crunch?
In the space of six months, global money markets have been turned upside down and profits at financial institutions worldwide…
ByCompetition heats up in the US
The US card market could be entering a new era of competition, as the changes wrought by the 2004 decision…
ByCitibank rolls out online rewards portal
Recent legislative changes in Japan have drawn attention to the importance of rewards programmes Now, Citi is expanding its reputation…
By