First Data in talks to acquire AIB card processing operations Finextra
US e-payments firm First Data is in talks to acquire the card processing operations of Allied Irish Banks (AIB), according to a Sunday Times report.
Barclays to write off 1.5bn in credit card debt as bankruptcies hit record level Times Online
Barclaycard, Britain's most popular credit card, signalled yesterday that it expected its army of customers to default on an unprecedented £1.5 billion of debt this year.
Fair Finance takes leaf out of bank book to give credit where it is due Financial Times
A decade ago, Faisel Rahman was camped out in a tree as part of the guerilla campaign to prevent the Newbury bypass being built. Today he is trying to change the society through capitalism with a business that provides loans and bank accounts to some of the UK’s poorest communities in east London.
The street which lost Christmas BBC News
BBC One's Real Story follows the fortunes of one street hit by the collapse of Christmas savings company Farepak.
British personal debt nears `Time Bomb’ levels The Economic Times
Jon Menon and Ben Livesey LODON: Roland Snooks couldn’ resist a good deal on a loan, and for 11 years, banks including Egg and Abbey National were happy to feed his habit.
AFX UK Focus 2006-12-01 16:05 GMT: AFX NEWS BRIEFING: Mergers and acquisitions highlights to 15:50 GMT Interactive Investor
2006-12-01 15:47:34 Barrick Gold claims 59.2 mln Pioneer Metals shares as offer expires
Barclays says FY profit to meet mkt expectations UPDATE Sharewatch
LONDON (AFX) - Barclays PLC, the UK\'s third-biggest bank, said it is on course to meet analysts\' forecasts for a 32 pct jump in annual profit, with a strong performance from investment banking subsidiary Barclays Capital outweighing a continued rise in bad debts at credit card division Barclaycard.
Mazur: John Deuss' Editors On Record On The Man Scoop.co.nz
"When contemplating money laundering actions against smaller financial institutions, I often wonder at the risks that plague the little guys when they try to compete with the NY Federal Reserve member banks on their home turf."
U.K. bank Barclays on track to hit market's profit view Market Watch
LONDON (MarketWatch) -- Barclays, the U.K.'s third-largest bank, said Tuesday it expects 2006 profit to be in line with the market's view as a continued strong performance at its investment-banking division helped offset rising bad debt among credit-card holders.
AFX UK Focus 2006-11-28 00:15 GMT: Wal-Mart to open its own bank in Mexico Interactive Investor
MEXICO CITY (AFX) - Wal-Mart, already Mexico's largest retailer, is hoping to tap into the country's booming consumer-loan market when it opens its own bank in the second half of next year, executives said on Monday.

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