Сredit cards Fees reduced for increasing number of travelers!

Frequent travelers probably know that you can get slammed by foreign transaction fees if you use your credit and debit cards overseas.  However, it has become easier to avoid these charges as more card issuers have dropped them in a quest to boost their market share.

The UK’s big banks have renewed their lending SME

The UK’s big banks have renewed their lending squeeze, according to the Federation of Small Businesses (FSB), with four in 10 of Britain’s smaller enterprises refused credit in the last three months.

Moody's lowered the ratings of the 15 largest banks in the world

NEW YORK (AP) — Moody's Investors Service lowered the credit ratings of 15 the world's largest banks late Thursday, including Bank of America, JPMorgan Chase and Goldman Sachs, saying their long-term prospects for profitability and growth are shrinking.