The Long Shadow of Bad Credit in Job Search Over the last several decades, credit reporting bureaus have been selling their services to a much wider range of buyers than just banks. Nearly half of employers use credit checks when … Continue reading
Visa's new Chief Executive Officer, Charles Scharf, will receive $950,000 per year in salary as well as $19 million in restricted stock and stock options, according to the regulatory filing. The 47-year-old Scharf took over the CEO post for the world's largest … Continue reading
JPMorgan Chase, the nation's biggest bank in terms of assets, reported record profits for the third quarter of 2012 with revenue increases in nearly all areas of business, including credit cards. Credit card sales volume during the quarter was $96.6 … Continue reading
The Libor financial scandal has been bumped from the headlines, but governments and regulators around the world are reacting through regulations and legislation that will reshape Libor and how rates are set. Investigations into banks and criticism of public officials … Continue reading