Credit Risk News

Choose the Smart Tool to become Debt Free - Best Syndication
Millions of Britons are finding that their debts are becoming a serious problem, as the effects of years of easily available credit has started biting. There are also many companies who promise to solve all debt worries, slash repayments and clear

Guaranty Financial Group loses $10 million in 1Q - Boston Globe
AUSTIN, Texas Guaranty Financial Group Inc. lost money in the first quarter, the company said Tuesday, as the bank’s book of loans to property developers in California suffered from bad credit. Guaranty Financial lost $10 million, or 28 cents per

How to Qualify for Franchise Loans Even with Bad Credit - Portland Business Journal
Having bad credit makes it harder to qualify for a franchise loan, but it’s not impossible. If you have bankruptcies combined with lots of judgments and tax liens against you, then the chances of getting a loan from a financial institution is very

Hits and Misses: Tuesday's Earnings Reports - FOXBusiness
Hits and Misses: Tuesday's Earnings ReportsFOXBusiness - 5 hours agoRevenue declined 6% to $1.22 billion from $1.3 billion, on a steep drop in structured finance revenue in Standard & Poor's Credit Market Services and lower …

Standard & Poor’s cuts ratings on N.Y. Times Co. (Market Watch)
Standard & Poor s Ratings Services cut its long-term ratings on New York Times Co., citing a worsening advertising climate at the company s newspapers.

Pimco Will Trade Credit-Default Swaps in Asia Fund (Update2) (Bloomberg.com)
April 29 (Bloomberg) — Pacific Investment Management Co. , the largest emerging-market bond investor, said it will trade credit derivatives in its first dedicated Asian local-currency bond fund, though the financial instruments have come under fire.

Discount to set up new Basel II division - Globes
Discount to set up new Basel II divisionGlobes, Israel - 3 hours agoThe experience of banks around the world shows that the separation of credit risk analysis and validation from day-to-day business activity improves the …

Sweden’s Alfa Laval raised to ‘BBB+’ on better financial risk profile - S&P (Sharewatch)
MUMBAI (Thomson Financial) - Standard & Poor’s Ratings Services upgraded Alfa Laval AB., saying the action reflects improvement in the company’s financial risk profile, based on its continued strong operating and financial performance, and the agency’s expectation that the Swedish capital goods maker will maintain credit protection measures that are well in line with the new rating.

Sum2 Announces Free and Open Access to the Profit|Optimizer Macroeconomic Risk Test (PRWeb)
The slowdown in the US economy is impacting the growth and profitability of small and mid size businesses. In particular, the availability of credit, growing inflation and declining buying power of consumers are particularly troubling developments affecting small and mid-size businesses. Sum2 is offering business managers free access to the Profit |Optimizer macroeconomic risk test. The test …

Credit Repair Tool MortgageFit Helps You Analyze And Fix Bad Credit - PowerHomeBiz.com (press release)
Credit Repair Tool MortgageFit Helps You Analyze And Fix Bad CreditPowerHomeBiz.com (press release) - 6 hours agoInstead, they can themselves improve bad credit using MortgageFit Credit Repair tool www.mortgagefit.com/calculators/credit-repair.html Using the tool, …

Sector Wrap: Credit Cards lenders up on Amex report - CNNMoney.com
Sector Wrap: Credit Cards lenders up on Amex reportCNNMoney.com - Apr 25, 2008The New York-based lender said international spending helped partially offset a slowdown in the US economy and lingering bad credit. …

Credit Suisse Will Cut More Risk - Wall Street Journal
Credit Suisse Will Cut More RiskWall Street Journal - 13 hours agoZurich-based bank Credit Suisse Group will continue to whittle positions hit by the subprime crisis, such as major buyout loans, the bank's chairman said. …Credit Suisse rises on risk clean-up The AustralianCredit Suisse has no need to raise fresh cash: chairman AFPCredit Suisse's Kielholz Sees `Challenging' 2008 (Update3) BloombergForbes - AFPall 426 news articles

Economics focus Bankers' trust - Economist
Economics focus Bankers' trustEconomist, UK - Apr 24, 2008Using the spread between secured and unsecured interbank rates as a gauge of credit risk, it believes that in the second half of 2007, credit concerns may …

CDS Dealers Push for Central Clearinghouse - Hedgeworld (subscription)
CDS Dealers Push for Central ClearinghouseHedgeworld (subscription), NY - 22 hours ago"But everyone is talking about it now with the concerns over the huge growth of the CDS market and the credit risk associated with the potential failure of …

S&P says American Express ratings unaffected by 1Q earnings - CNNMoney.com
S&P says American Express ratings unaffected by 1Q earningsCNNMoney.com - 23 hours agoNEW YORK (Associated Press) - Credit ratings agency Standard & Poor's said Friday American Express' 6 percent decline in earnings will not affect the credit …

S&P raises Associated Estates' credit outlook - Crain’s Cleveland Business
S&P raises Associated Estates' credit outlookCrain’s Cleveland Business, OH - Apr 24, 2008(NYSE: AEC) said the Standard & Poor's credit rating agency has raised its outlook for the real estate investment trust to positive from stable. …Superior Essex Receives Credit Rating Upgrade from Standard & Poor s Business Wire (press release)Majestic Star corporate credit rating cut to 'CCC+'; off negative … ForbesS&P lowers outlook on WellPoint to "Negative" CNNMoney.comForbes - Forbesall 121 news articles

Bad Credit Loans: Provide Fund For Your Need - Best Syndication
Best SyndicationBad Credit Loans: Provide Fund For Your NeedBest Syndication, CA - Apr 24, 2008Poor credit is a problem while money is an indispensable need. Poor credit is not an altogether a person s phenomenon, though it has become an inevitable …

Bad credit? Need a car? Good luck - Seattle Times
Bad credit? Need a car? Good luckSeattle Times, United States - Apr 18, 2008By ROBERT SCHOENBERGER If your credit isn't perfect, get ready for a tougher time buying a car. You may have to make a bigger down payment, pay more every …

Bad Credit Homeowner Loan: Alleviate The Fret - Best Syndication
Best SyndicationBad Credit Homeowner Loan: Alleviate The FretBest Syndication, CA - Apr 17, 2008If you are a homeowner then you will not have much hurdle availing finance even in your bad credit. Usually you may have problem finding a financial help …

Zions Bancorp's profit slips 30 percent in 1Q on bad credit - Houston Chronicle
Zions Bancorp's profit slips 30 percent in 1Q on bad creditHouston Chronicle, United States - Apr 17, 2008However, bad credit ate into that profit. The bank set aside $92.3 million to cover loans the company does not expect to be repaid. …

Bad credit? Need a car? Good luck (Seattle Times)
If your credit isn’t perfect, get ready for a tougher time buying a car. You may have to make a bigger down payment, pay more every month…

Zions Bancorp’s profit slips 30 percent in 1Q on bad credit (AP via Yahoo! Finance)
Zions Bancorp’s profit shrank 30 percent in the first quarter as struggling property markets pushed more borrowers into default, the bank said Thursday.

Credit Counseling Can Help Those with Bad Credit - Los Angeles Chronicle
Credit Counseling Can Help Those with Bad CreditLos Angeles Chronicle,  USA - 19 hours agoDepending on your specific bad credit situation, many credit counselors will work with you to create a budget and plan of action to reduce your debt and …

GSEs pose higher risk to U.S. credit rating than brokers: S&P (Market Watch)
NEW YORK (MarketWatch) — The performance of government-sponsored enterprises like Fannie Mae (FNM) and Freddie Mac (FRE) could have a direct impact on the national economy and more importantly, the credit standing of the U.S., Standard & Poor’s said Monday.

US credit rating under threat (Financial Times)
The US government s need to provide financial backing to the state-sponsored mortgage financiers that dominate the US housing market could pose a risk to the country s triple-A credit rating, Standard & Poor s, the credit rating agency, said on Monday.

S&P cuts Office Depot credit rating to junk status - CNNMoney.com
S&P cuts Office Depot credit rating to junk statusCNNMoney.com - 21 hours agoNEW YORK (Associated Press) - Standard & Poor's Ratings Services on Tuesday cut its corporate credit rating for Office Depot Inc. to noninvestment grade …S&P cuts Office Depot corporate credit rating to 'BB+' CNNMoney.comOffice Depot affirms turnaround plan after S&P rating cut ForbesS&P cuts Office Depot corporate credit rating Triangle Business JournalBizjournals.com - Reutersall 22 news articles

Credit Suisse Chooses The RTS Index As The Basis For Its New … - Exchange News Direct
Credit Suisse Chooses The RTS Index As The Basis For Its New …Exchange News Direct, UK - 9 hours agoStandard & Poor s, the world's leading index provider, announced today the signing of a commercial agreement with Credit Suisse granting the latter with the …

Estate agent offices to be closed (BBC News)
An estate agent blames the effects of the credit crunch and poor trading conditions for the closure of two branches.

US credit rating under threat (Financial Times)
The US government s need to provide financial backing to the state-sponsored mortgage financiers that dominate the US housing market could pose a risk to the country s triple-A credit rating, Standard & Poor s, the credit rating agency, said on Monday.