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(AFX UK Focus) 2008-11-17 12:20 Capital One card delinquencies rise in October (Interactive Investor) NEW YORK, Nov 17 (Reuters) - Capital One Financial Corp , one of the largest issuers of MasterCard and Visa credit cards, on Monday said credit quality deteriorated in several areas of lending in October, a month when stocks worldwide fell and recession fears grew. In a regulatory filing, the McLean, Virginia-based company said the annual net charge-off rate for U.S. credit cards increased to ...
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Interbank rates fall, but credit woes remain - Philadelphia Inquirer NEW YORK - The credit markets gave mixed signals on Election Day, showing more gradual improvement in interbank lending, but further troubles in such areas as corporate debt. Lending rates between banks sank yesterday, suggesting a growing ...
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