Word: bankses
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Though there are soft spots in the subprime market, overall, business is good. The percentage of auto loans going to people with poor credit, for example, has been increasing. And while a number of banks have stopped offering credit cards to the debt-challenged, there are still companies handing out...
Now that the recession is receding, on-campus recruiting has regained some of the banks and consulting firms that fled last year. The total number of interviews conducted through the program increased by 13 percent from last year, with an additional 42 job positions posted and 17 more companies visiting...
For Greece's businesses, this new math is a challenge to growth. Borrowing costs are heading north, and with the country's banks in a noose because of their holdings of Greek debt, credit is tight. New projects, expansion plans and investments have been put on hold, say executives. MLS...
Many of the credit-card changes signed into law last May by President Obama took effect Feb. 22. Some key provisions: retroactive interest-rate hikes are prohibited unless the account is more than 60 days past due, users can opt out of paying for overdraft protection, and annual or application...
Pavan Sukhdev observes, "The loss of forests worldwide amounts to somewhere between $2 trillion and $4.5 trillion a year. Losses in the U.S financial sector [in the economic downturn] were between $1 and 1.5 trillion. But the banks made the headlines."