With such a low premium of 4 percent to the prior day's close and the fact that there is a significant breakup fee of 225 million, it doesn't give us much comfort that investors are being protected, ... There has been a huge turnaround among the credit card issuers over the past three years, and with MBNA being acquired, there's some scarcity value for Providian. But their shareholders are not getting it.
Quotes about issuers (16 Quotes)
This acquisition will complement our service offering in the important Quebec region. National Bank's clients and other issuers throughout Canada will benefit from our emphasis on customer-focused quality, service and innovation.
Most issuers have already taken steps to ensure compliance. It's like when your boss strongly suggests that you come to work on time. It always behooves the industry to pay attention to the federal regulators.
With our significant presence already in the region, and the fact that California is one of the largest issuers of municipal bonds in the country, it just made sense for us to have a trading desk in the state. We have a total of 68 branch offices in California, Nevada and Hawaii, and we also run a public finance office in Los Angeles, so we know these markets well.
They will also increase cross-border competition to the benefit of investors and issuers alike.
If you're looking to transfer a 5,000 balance, you need to look to the largest issuers.
This settlement demonstrates the continuing resolve of the government as a whole to address the problem of yield burning and to ensure the integrity of financial markets, ... The government is pleased that it was able to reach this settlement without causing issuers or holders of municipal bonds to suffer adverse tax consequences.
There is a vein of distrust in the marketplace for many big deals. They are viewed not as a safe haven, but a financial bailout for the issuers and the shareholders of the parent company.
Providing quality investment banking services to issuers in Virginia is a primary focus for our firm. We have established strong relationships with clients throughout the state, and we are pleased that the firm continues to produce results that exceed our clients' expectations. Our goal is to be the first choice for all prospective issuers.
We're in an environment right now where there's a lot of strain in the profitability of credit cards, ... Issuers are looking to hit you with fees and those sorts of things.
People are just fed up with the approach that the large credit-card issuers have taken over the past five years. They're fed up with an increasing number of traps and tricks. They're tired of being hit with a fee every time they blink.
It's important to pay attention to any mailings from issuers for changes in terms and conditions,
Merchants, retailers and card issuers alike could benefit from increased consumer access to this type of transaction, as consumers appear to be increasingly willing to use credit or debit cards in small payment purchases for a variety of items.
While more conscious of risk, issuers are still aggressively courting new customers. In fact, teaser rates and balance-transfer rates are the lowest they've ever been. You can get zero percent rates that last as long as a year, ... We've never seen anything like this before.
Most issuers waited until at least mid-2005 or later. Credit-card companies should have started implementing this guidance a long time ago. They should have done so very gradually ... That hasn't happened. But we haven't been flooded with complaints, either.
Wit Capital has pioneered the integration of the Internet and the capital markets, and both investors and corporate issuers are benefiting as a result, ... We believe that Wit Capital is both an attractive investment for Goldman Sachs and an important part of our ongoing commitment to supporting the Internet and other new technologies in our business.