The sheer number of new start-up venture capitalists, micro-credit operations, SME boosting private equity funds, and other "financial supermarkets" exploding in Nigeria is inspiring.
The former, arguably the US case, leads you to pump liquidity into the system holding the non-performing assets (the banks, in our case) until normal credit operations can resume.
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The issuer tried to sell its credit card operations in 2007 and was met with supreme disinterest.
He was directly involved in the development of one of the first sports reward credit card operations, which is now known as the NFL Extra Points Rewards Program.
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Equifax this morning said it has agreed to acquire the credit services business assets and operations CSC Credit Services, a unit Computer Sciences Corp.
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Citi also would have had to compete for bidders with HSBC, which plans to sell its US credit-card operations.
Starting in June, the industry's information-exchange network will allow files to be attached so credit bureaus can send documentation to lenders, says Steve Wagner, president of Experian's North American credit-bureau operations.
The selection process puts socially defined characteristics, such as the outsized reputation of an executive like Mr Dimon, ahead of relevant practical skills and experience (Mr Dimon had little knowledge of retail banking or credit-card operations, two of Bank One's biggest and, in the second case, most problematic businesses).
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He shook up senior management and shed three low-returning businesses credit cards, mortgage operations and network processing.
To make this happen, she pulled together a team of people from sales, trading, technology, operations, credit, and risk.
Under the new restrictions, the credit market could determine which operations should merge or close.
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Internal auditor, credit-collections specialist and operations analyst are other finance roles that many employers place a premium on, adds Mr. Zion.
Santander has staffed its Latin American operations with its own credit-risk specialists, who veto any loan that offers less than a risk-adjusted return of 20% a year.
Expect the bill to run into intense counter-lobbying from the financial services industry, as well as from the representatives of Delaware and South Dakota, two states that rescinded state laws that capped interest rates in hopes of attracting credit card issuers to set up operations in the state.
Both firms are battle-hardened survivors and have big insurance, credit-card and investment-banking operations.
In risers surrounding the 12 mostly octagonal pits are the floor operations of Bear Stearns, Credit Suisse First Boston and their ilk.
That board must also finish restructuring Credit Suisse's still pudgy banking operations.
Across the globe, banks, credit unions and thrifts are looking for ways to make their operations more efficient.
The easiest way to combat these unscrupulous operations is by regularly checking your monthly statement and credit report.
Additionally, with each fuel market swing, budgets and credit lines are stretched, limiting the capital businesses need for operations and growth.
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Instead of cutting rates to ease a blossoming crisis in the credit markets, the Fed started pumping cash through its open market operations.
The financing will be used to repay all claims under the debtor-in-possession post-petition credit facility, pay certain settlement and cure payments and fund ongoing operations.
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Boon Sim, global head of Credit Suisse's mergers business, is leaving to head North American operations for Singapore investment firm Temasek.
European refiner Petroplus recently decided to shut down operations at three of five of its refineries across Europe due to credit constraints.
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There are inevitably lessons to be learned after the event and, to its credit, Israel has launched a series of investigations into various aspects of its operations.
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It has a large financial services division and has come under pressure in recent days on concerns that even it, with its triple-A credit rating, would have trouble selling short-term debt to fund those operations.
Scharf has a long history in the credit card and retail banking business, with stints at major U.S. operations.
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But the impact may be loss of domestic jobs as ExxonMobil shifts operations out of the U.S. (something that tax credit was designed to prevent).
Congress needs to act to help attract and keep good jobs in the United States by passing legislation that gives companies moving operations back to the U.S. a new 20 percent tax credit for moving expenses and pay for it by ending the tax break that allows companies to deduct expenses associated with moving operations overseas.
Nippon Credit Bank has tied up with Bankers Trust to securitize troubled assets and help handle foreign operations.
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