At least one ratings agency has approved a move by private equity firm KKR & Co. and other investors to inject another $300 million into First Data Corp., a major payments processing firm used by both credit unions and banks.
Fitch gives "modest positive" to KKR move to retire most of $2 billion in 11.5% debt from 2007 private equity takeover.
International accounting board closes comment period on its proposed credit loss changes.
Latest in ongoing court fight over $72 million in failed securities rated by S&P and sold by RBS Securities to CUNA Mutual.
Rating service says more than 230,000 automobiles affected by super storm.
Some connect it to hot topics such as federal risk management, insurers' disaster responses and climate change.
Ratings agency sees consumer shifts driving service emphasis change.
Fitch Ratings says the insurance industry should be able to manage losses from Hurricane Isaac.
Mobile banking is growing twice as fast as online did in its early days. That and more in this week's Mobility Matters by Robert McGarvey.
The ongoing saga involving PMI Mortgage Insurance and CUNA Mutual Group Mortgage Insurance entered into a new stage on Thanksgiving Eve when the PMI Group, PMI MI's holding company, filed for bankruptcy in federal court.