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News

Can risk management yield strategic benefits?

In the financial services industry, it's easy to see risk management as something of a burden. Sure, its an imperative, but the sense is that it is mainly something necessary to satisfy regulators... Read more...

When a CEO sells his Porsche...

As if Bank of America's Ken Lewis didn't have enough to worry about. The Triangle Business Journal reports that in November 2007, Lewis sold his 2007 Porsche 911 turbo coupe, purchased a year... Read more...

A 'selective suspension' of fair value coming?

You've probably had your fill of talk about the fair value rule and the ongoing credit crisis. The SEC has generally held firm that the rule ought not be suspended, preferring to emphasize that banks... Read more...

Press Releases

Fitch: U.S. Credit Card ABS Structures Withstand Prolonged Stress

NEW YORK--(BUSINESS WIRE)-- U.S. credit card asset-backed securities (ABS) have demonstrated a resiliency to prolonged credit quality stresses and averted downgrades throughout the economic downturn, Read more >>

Private Student Loan Rates Drop, Lending Terms Improve

BOSTON, Aug. 10 /PRNewswire/ -- After a few years of strict credit requirements and limited options, students this year have seen financial institutions once again offer private student loans. And Read more >>

Operation HOPE Launches Mortgage HOPE Crisis Hotline and HOPE Consumer Credit Crisis Hotline at New Regional Offices in Do

Expansion into Georgia Follows HOPE’s Commitment to Provide Economic Empowerment to America’s Southeastern Region ATLANTA--(BUSINESS WIRE)-- In response to the ongoing financial struggles of middle- Read more >>

Fitch Withdraws S-T 'F1+' Rating on Northside, TX ISD Var Rate Unlimited Tax Ref Bds, Ser 2003-B

NEW YORK--(BUSINESS WIRE)-- Fitch Ratings withdraws the short-term 'F1+' rating assigned to the Northside Independent School District (ISD) variable-rate unlimited tax refunding bonds, series 2003-B Read more >>

Re-priced Assets Key to Commercial Real Estate Rebound

Properties Being Written Down 50%, Says CCIM, RERCCHICAGO, Aug. 2 /PRNewswire/ -- The CCIM Institute and the Real Estate Research Corporation (RERC) reported today that the commercial real estate Read more >>