UK Credit Cards

Maple Grove resident indicted in $10 million bank fraud conspiracy
A federal indictment unsealed March 9 in St. Paul charges 12 people who reside in Maple Grove, California and New York with orchestrating a $10 million bank fraud conspiracy that featured a network of bank employees and others, operating locally and nationally.

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Beware of callers seeking information about your credit card
The Better Business Bureau warns of a credit card scam in which scammers already have your credit card information, but need the card’s security code (the three-digit number located on the back of your credit card).Someone calls you claiming to be from your credit card company’s security and fraud department. The caller already has your credit card number by some form of identity theft, may …

Read more on The Western Star

Discover posts 1Q profit as payment habits improve
Discover Financial Services on Tuesday said higher card use and fewer unpaid customer balances helped it post better-than-expected first-quarter profit.

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Saudi ruler offers $36bn to stave off uprising amid warning oil price could double
The king of Saudi Arabia last night announced $36bn of benefits for his people in an attempt to stop unrest spreading to the world’s biggest oil exporter, as experts warned oil could hit $220 a barrel.

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Indie brewers still on a roll
Doom and gloom may still cloak the industry in many areas, but there are shards of light.

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Genting posts record profit, revenue
KUALA LUMPUR, Wednesday 23 February 2011 (Bernama) — Genting Bhd’s pre-tax profit for the year ended Dec 31, 2010 rose 74 percent to a new high of RM4.394 billion compared with RM2.528 billion in the previous year.

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Greece sees borrowing rate drop in T-bill sale
(AP:ATHENS, Greece) Debt-ridden Greece saw its borrowing rate fall in its latest treasury bill auction, in which it raised euro390 million ($529 million), suggesting a cautious recovery in international investors’ confidence in the country.

Read more on INO News

Jury deliberates in trial of trustee charged with federal perjury
CINCINNATI —After hearing closing arguments today in the federal perjury trial of George Lang — two hours worth from the defense — the jury is now in deliberations.On Monday, the defense rested after calling just two witnesses in the sixth day of the West Chester Twp. trustee’s trial in U.S. District Court.

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Consumer borrowing posts 3% increase
Americans are putting more money on their credit cards after more than two years of cutting back, a sign that they are gaining confidence in the economy.

Read more on Fort Wayne Journal Gazette

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Wells Fargo quarterly profit rises 21%
Mortgage giant generated revenue of $21.5 billion in the final three months of 2010, down 5% from the prior year.

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Wells Fargo 4Q Profit Rises 21% As Revenue Beats Views
Wells Fargo & Co.’s (WFC) fourth-quarter earnings rose 21% as the banking giant posted stronger-than-expected revenue amid $850 million being released from reserves due to improved portfolio performance.

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Citigroup posts 4Q profit on fewer loan losses
Citigroup reports fourth-quarter profit of $1.3 billion as losses from loans decline

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Woman accused of stealing murder victim’s credit card found dead
The mortuary worker accused of stealing a credit card from the body of a murder-suicide victim killed herself Saturday, according to reports.

Read more on The Charlotte Observer

This Week in Credit Card News
Provided by LowCards.com At Banks, New Fees Replace Old Levies Banks are raising fees on basic products like debit cards, cash machines and checking accounts. Banks could add annual fees of $25 or $30 on debit cards, according to people familiar with bank strategies. Banks could also limit the number of debit card transactions that a customer [...]

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Stocks end lower, Intel posts strong quarter
Investors took a step back Thursday, with stocks ending lower ahead of Intel’s blockbuster earnings.

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I want to delete a post i made on yahoo finance boards. how do i delete it?

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UK inflation drops half point to 3 pct in February
UK consumer inflation rate falls half point to 3 percent in February, still above target

Read more on Bay News 9 Tampa Bay

5-4-3-2-1…lift off for UK’s space agency
BRITAIN’S own space agency took off yesterday, represented by the Union Flag morphed into a soaring arrow.

Read more on The Scotsman

(AFX UK Focus) 2010-03-23 08:02 Israel’s First International Bank posts Q4 profit
TEL AVIV, March 23 (Reuters) – First International Bank of Israel (FIBI), the country’s fifth-largest bank, swung to a quarterly net profit, boosted by lower bad debt provisions and higher financing income as the economy improved. FIBI reported on Tuesday a fourth-quarter net profit of 152 million shekels ($41 million), after an 80 million loss in the 2008 period. Income from financing …

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