To William Brady, the head of global finance for Credit Suisse First Boston's technology group, there are about 20 firms that matter.
We included only contributions from commercial banks, the securities and investment industry (which includes private equity companies, hedge funds and venture capital firms) and finance and credit card companies.
Blaming sharp downturns in the U.S. residential real estate markets and the global turnoff of the mortgage finance and credit markets, GMAC announced on Wednesday that it would cut 3, 000, or 25% of its work force, from its Residential Captial mortgage operation.
Weill grabbed hold of sleepy consumer finance company Commercial Credit and used it as his vehicle for conquering the banking industry.
They have made functional such techniques as portfolio diversification, hedging, structured finance, and credit scoring, all of which greatly reduce the riskiness of promises to repay.
Having the strongest retail presence, Erste Bank looks best placed to diversify, by cashing in on the strong growth in consumer finance, particularly credit cards and mortgages.
As finance shrinks, credit will be sucked out of the economy and without credit, people cannot buy houses, run businesses or as easily invest in the future.
Big companies have plenty of banks willing to provide letters of credit or finance for accounts receivable.
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In villages across India, the group has helped to train local entrepreneurs in setting up marketing chains, arrange decentralised credit and finance, and link the villages with manufacturers of village power units.
If so, then why assume equity markets wouldn't throw up new business models to finance small businesses and credit-worthy consumers if government-insured deposits were no longer available at all to underwrite such risks?
Jake Gibson, co-founder of NerdWallet, a personal finance site that ranks credit card perks and bank rates, stresses that maximizing rewards can earn you a serious percentage back that could go a long way towards your savings, but it depends on your spending habits.
As unpalatable as it may be to consider, hospitals are of necessity and in fact credit grantors, not entirely dissimilar from auto finance lenders, mortgage originators, or credit card companies.
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British banks argue that their role as providers of long-term finance to sectors with changeable credit ratings might be compromised.
Figures from the central bank show that credit lines to finance trade, normally considered low-risk, are running at about half the level of mid-September.
Better jobs numbers and higher consumer confidence would mean more spending and a willingness by the consumer to finance larger ticket items through credit.
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The January-March card delinquency rate was also down from 0.73 in the October-December quarter, when many consumers ramped up credit use to finance holiday season purchases.
The Federal Reserve System, reconfigured by the Banking Acts of 1933 and 1935, is able to act quickly to prevent a high-finance crisis from becoming a credit-card crunch.
The carrier finance department used them to credit a customer for up to several million dollars in payments as if the money had already been received, when it hadn't yet arrived at MCI.
Bankruptcy is defined here and in my book as when the federal government can no longer borrow enough in the credit markets to finance its budget deficit, which is precisely what Greece has been suffering.
This week, growing problems with other trading strategies in credit derivatives and structured finance also came to a head.
Other major credit card and consumer finance companies include Capital One Financial (COF), Discover Financial (DFS), MasterCard (MA), and Visa (V).
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He reckons that tighter credit and limits on finance for leases have cost his firm a fifth of its sales this year.
Credit card issuers are stepping up their marketing efforts on health-care cards and lines of credit that help borrowers finance costly elective medical procedures.
Unless you want to incur costly finance charges, a 0% credit card is in order, and the best one for holiday shopping is the Citi Dividend World MasterCard.
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It is much the same at KKR, which Kravis describes as a hub and spoke now that the firm has expanded into businesses like credit financing, mezzanine finance and capital markets.
Much of the weakness, particularly in Spain, is down to struggling firms in property and finance, which suggests that the credit crunch and the deflating house-price bubble are taking a broader toll.
It already has Banco de Oro ATMs in its malls, helps finance its suppliers and issues a credit card to customers, but it sees a larger deal as a way to become even further entrenched.
When Weill and a small band of associates took over Commercial Credit , a mediocre finance company in Baltimore, the tale of infusing its branch managers with the spirit of personal entrepreneurship is a model of dynamically growing a tired franchise.
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