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Credit Scores In the News:
Banks back mandatory CDS clearing: report (Reuters via Yahoo! News)
Some of the world's top banks are backing a proposal to develop a mandatory central clearing system for the $55 trillion credit default swap (CDS) market, a report in the Financial Times said on Thursday. Dealer banks are stepping up efforts to back CDS clearing to head off a more radical overhaul, which includes a proposal to move trading of over-the-counter CDS on to an exchange, the report ...
How to check your credit report online (Yahoo! Tech Advisors)
Reader Mark B. writes: In a recent article you wrote about checking your credit report with the three agencies, three times a year. What three credit reports? How do I get there? Is there a fee? Sometimes I take for granted certain things that some of us have known for years. But it's never too late to start checking your credit report: And if you're old enough to have a credit card, ...
TD Bank to report credit trading hit (Boston Globe)
Toronto-Dominion Bank , the parent company of Maine-based TD Banknorth, says it will report $272 million in after-tax credit trading losses in its fourth quarter.
TD Bank to report credit trading hit (AP via Yahoo! Finance)
Toronto-Dominion Bank says it will report $350 million Canadian dollars in after-tax credit trading losses in its fourth quarter.
