Archive for November, 2008
How Do You Go About Choosing A Credit Card?
Just as an individual’s personal credit rating is very important, this is also something that is true for a businesses credit rating as well. If you own a new business and you are just starting to get some credit established for your company, you will need to know the important differences there are [...]
The Good and The Bad Of Credit Cards
It is no huge secret that credit cards can cause a mountain of problems when it comes to credit card debt. Many times individuals will get caught up in the enjoyment they get from the freedom that can be found when they are shopping with credit cards, and this can end up causing [...]
Bank of America to Exercise Remainder of China Construction Bank Option
CHARLOTTE, N.C., Nov. 17 /PRNewswire/ — Bank of America Corporation has given notice of its plan to exercise the remainder of its option to purchase ordinary shares of China Construction Bank Corporation from China SAFE Investments Limited (Huijin). Bank of America acquired the option from Huijin in connection with its investment in CCB in June [...]
J.P. Morgan Helps States Distribute Nearly $250 Million in Disaster Relief
Bank Takes Leadership Role in Helping Public Sector Respond to Major Emergencies
NEW YORK, November 12, 2008 — J.P. Morgan today announced that during the past year it assisted California, Indiana, Louisiana, Nebraska and Washington in providing assistance to victims of natural catastrophes. Disaster Food Stamp Program funds totaling nearly $250 million were distributed to more [...]
”Getting Around” the Economy: Consumers Find Smart Ways to Travel This Holiday Season, According to Recent Survey of American Express Travel Agents
Increased Number of Agents Say Holiday Travelers Are Seeking Greater Value and Redeeming Rewards Points to Offset Costs
NEW YORK, November 13, 2008 — A new survey of more than 900 American Express Travel agents suggests that travelers this holiday season are savvier than ever before, fulfilling their vacation plans in the midst of the current [...]
What Is A Business Credit Card?
Just as an individual’s personal credit rating is very important, this is also something that is true for a businesses credit rating as well. If you own a new business and you are just starting to get some credit established for your company, you will need to know the important differences there are between [...]
American Express Granted Bank Holding Company Status
NEW YORK, November 10, 2008 — American Express announced today that the U.S. Federal Reserve has approved its application to become licensed as a bank holding company and to be regulated by the Federal Reserve.
Qualifying as a bank holding company will provide American Express maximum flexibility and stability in this challenging economic environment. It aligns [...]
Bank of America Names Kathy Lacy Market President for Topeka, Kansas
WICHITA, Kan., Nov. 10 /PRNewswire/ — Bank of America Kansas President Diane Dickerson today announced that Kathy Lacy has been named market president for Topeka, Kansas.
In this role, Lacy will be the senior Bank of America leader in the Topeka market, which includes Topeka, Lawrence, Junction City and Emporia. She will work with fellow Bank [...]
Bank of America Launches New Global Capabilities for Purchasing and Travel Expenses
New capabilities to facilitate efficient international payments, provide enhanced global solutions for clients
CHARLOTTE, N.C., Nov. 10 /PRNewswire/ — Bank of America today announced advancements in purchasing card and travel card capabilities to clients by being able to issue and settle in local currencies throughout Europe.
These new capabilities are designed to offer greater simplicity and ease [...]
J.P. Morgan Securities Inc. Announces Extension of its Auction Rate Securities Tender Offer
NEW YORK, November 10, 2008 — J.P. Morgan Securities Inc. announced today that it has extended its previously announced tender offer to buy certain auction rate securities from certain investors. The offer will now expire on December 12, 2008, at 5:00 p.m. (EST). The securities eligible for the tender offer are those purchased by [...]
