corporate credit – News Stories About corporate credit - Page 1

Next Year, You Might Actually Get a Raise

Dec 28, 2009 1:27 PM CST

Next Year, You Might Actually Get a Raise

Ten jobs likely to benefit from the improving economy

(Newser) - Unsurprisingly, 2009 was a grim year for many an employee’s wallet, with 85% of big companies doing away with across-the-board merit pay, but 2010 already looks a lot brighter. More than half the companies who froze salaries this year tell Fortune they plan to defrost them next year. Here’...

Edgy Banks Crack Down on Revolving Credit Lines

ANALYSIS

May 4, 2009 9:04 AM CDT

Edgy Banks Crack Down on Revolving Credit Lines

Shorter loan maturities, higher interest rates make 'safety nets' less safe for businesses

(Newser) - Banks, lashed by the credit crunch and wary of defaults, have shortened the terms on revolving credit lines—typically running for 3 or 5 years—to less than a year, the Wall Street Journal reports. Often a little-used safety net before the recession, so-called revolvers had low interest rates; now,...

Banks' Borrowing Rates Climb

Nov 16, 2007 1:57 PM CST

Banks' Borrowing Rates Climb

(Newser) - Financial institutions are paying more to borrow money than the average company for the first time in over a decade, reports Bloomberg, as investors fear the $50 billion in subprime losses the big banks have reported so far is just the tip of the iceberg. “We've only seen the...

Banks Pouring Money Into Russian Loans

Sep 12, 2007 6:37 AM CDT

Banks Pouring Money Into Russian Loans

Forget default: country now looks like haven from credit turmoil

(Newser) - Banks around the world are clamoring to loan money to Russia, just nine years after the country paralyzed the economic world by defaulting on $40 billion in debt. These days, Russia looks like a haven from the US mortgage meltdown. Russian corporations borrowed $29 billion over the last three months,...

Battered Bear Tries to Act Bullish

Aug 4, 2007 2:06 PM CDT

Battered Bear Tries to Act Bullish

Wall Street's anxieties force Bear Stearns to make major changes

(Newser) - The securities firm Bear Stearns will oust its stocks and bonds trading chief, the WSJ reports, and soften its emphasis on short-term trades. The extraordinary moves come in the wake of Friday's market sell-off, partly triggered by investor concern about Bear Stearns after the collapse of two of its mortgage-bond...