Supermarket giant Tesco could seek a separate credit rating for Tesco Personal Finance to accelerate a move into mortgages and borrow on the money markets

Banks and building societies are accused this weekend of profiteering by keeping mortgage rates high for new borrowers

Property asking prices have risen for the fifth month this year, according to Rightmove, which says buyers have already missed the best bargains

The New Zealand Superannuation Fund (NZSF) has sacked ING and the NZX-owned Smartshares from two major mandates leaving AMP Capital as the only external manger of local mainstream assets within the $13 billion fund.

Hindsight's a funny thing... I mean now, today, it seems painfully obvious that the business of loaning money to people who can't pay you back... well, that's bound to fail.

While it's not well known, the British Empire isn't dead. It's only in hibernation.

Two recent disparate news stories highlighted the issue of "dual citizenship" - the legal right to be a citizen of more than one country, invested with official passports from each nation.

For Americans, "expatriation" means giving up U.S. residence, citizenship and passport. That's a radical step, but expatriation is the only way a U.S. citizen or long-term resident can legally and permanently sever the obligation to pay tax on worldwide income.

Webster Financial Corp. ( NYSE : WBS ) posted their second quarterly results on Friday, a profit of $16.8 million, the first positive net income result they've achieved in five quarters, despite a widening continuing operations loss of $48.4 million.

The second quarter earnings season had a successful start. Strong corporate results have lead the market forward easing the tension and fear that recession is still far from over. The returning investor's optimism helped raising not only the stock indexes

Pratt & Whitney, a holding of United Technologies Corporation (NYSE: UTX ) responsible for designing, manufacturing and servicing aircraft engines, as well as industrial gas turbines and space propulsion technologies, last week reported scooping a contract worth $571.1 million towards

The stock price of Johnson Controls, Inc. (NYSE: JCI ) held steady in Monday morning's trading, as the auto parts and construction products supplier reported better-than-anticipated quarterly earnings, notwithstanding such earnings having fallen by 63 percent year-on-year, due to the

CIT Group Inc. ( NYSE : CIT ) saved themselves at the last minute, the commercial lender announced a deal by which they will receive $3 billion in bail-out funds from bondholders. On Sunday night, CIT's bondholders approved the loan,

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Risk of Active Credit Consumers Continues to Grow