Financial Services & Real Estate
Chase drops arbitration in credit card contracts
NEW YORK, Nov 20 (Reuters) - JPMorgan Chase & Co on Friday said its credit card contracts will no longer require customers to resolve disputes through arbitration, a practice that critics view as unfriendly to consumers. Full Article
UPDATE 2-JAL to seek emergency bridge loans from govt - Nikkei
Nov 21 (Reuters) - Japan Airlines Corp will ask the government as early as Tuesday for 100 billion yen ($1.13 billion) in bridge loans from the Development Bank of Japan, the Nikkei business daily said. Full Article
UPDATE 1-Small Florida bank fails, brings year tally to 124
* FDIC says Central Bank, in Minnesota, to assume deposits Full Article
CANADA STOCKS-TSX down on weaker oil prices, profit-taking
* Energy sector leads retreat (Updates to close; adds details, quotes) Full Article
US STOCKS SNAPSHOT-Wall St falls on corporate results
NEW YORK, Nov 20 (Reuters) - U.S. stocks fell on Friday as investors took weaker-than-expected results from computer maker Dell and homebuilder D.R. Horton as a further sign that the recovery would be anemic. Full Article
UPDATE 1-Synovus says has enough capital; stock climbs
* Says has enough capital to absorb adverse credit losses * Says "pleased" with core deposit trends Full Article
Royal Bank of Scotland sells $7 bln notes in 2 parts
NEW YORK, Nov 20 (Reuters) - Royal Bank of Scotland on Friday sold $7 billion of government-guaranteed notes in two parts, said IFR, a Thomson Reuters service. Full Article
KKR sees smaller deals, growth investments
NEW YORK, Nov 20 (Reuters) - Private equity giant Kohlberg Kravis Roberts & Co said current deal opportunities include buying noncore subsidiaries from companies and providing rescue and growth capital, rather than the large public-to-privates it is known for. Full Article
RBS to sell $7 bln debt with UK govt guarantee-IFR
NEW YORK, Nov 20 (Reuters) - Royal Bank of Scotland will sell $7 billion of debt in a two-part sale with the guarantee of the UK government, IFR reported. Full Article
Sleeper cost for big U.S. banks gaining steam
* Proposal would shift industry fee burden to big banks Full Article
US
UK- Europe
- Asia
- US Most Actives
Financial woes seen limiting U.S. economic rebound
NEW YORK (Reuters) - The U.S. banking industry may have pulled back from the brink, but finance executives say they still face hurdles that will tighten credit and delay an economic rebound. Full Article
| Symbol | Last | Net Change |
|---|---|---|
| BRENT CRUDE | $77.60 | $-0.04 |
| MINI SILVER | $0.00 | $0.00 |
| 100 OZ GOLD | $1,151.40 | $9.50 |
