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Discover Financial CEO Nelms seeks opportunities for growth (USA Today)
CEO Profile: Discover CEO Nelms heads a payments empire that generates about 0 billion in annual credit card spending, employs 14,000 and boasts 50 million cardholders.

Moody’s alert on Egg debt write-offs (Financial Times)
Egg, the UK internet bank owned by Prudential, has been artificially deflating bad debt write-offs in the pool of credit card debts that back its bond issues, according to Moody’s, the rating agency.

TD Bank Financial Group Reports Very Strong Third Quarter 2006 Results, Raises Dividend (FinanzNachrichten)
TORONTO, Aug. 24 /PRNewswire-FirstCall/ -- TD Bank Financial Group (TDBFG or the "Bank") today announced its financial results for the third quarter ended July 31, 2006. Results for the quarter reflect a very strong overall performance driven by broad-based contributions across the Bank. TDBFG also announced an increase in the quarterly dividend of 4 cents to 48 cents, representing an increase of

TD Bank Financial Group Reports Very Strong Third Quarter 2006 Results, Raises Dividend (PR Newswire via Yahoo! Finance)
Reported diluted earnings per share were .09, up 88% from $.58

 

   


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Credit Card Debt
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Burned creditor offers new credit card? Be wary
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Credit Card Debt: Helping the Consumer Become a Better Financial Manager  [Adobe PDF]
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