Qatar CDS hit 16-mth high as diplomatic crisis rumbles on
LONDON, June 29 The cost of insuring exposure to Qatari debt rose on Thursday to the highest since February 2016 as the diplomatic crisis that has isolated the tiny Gulf state rumbled on.
Dec 15 Delinquency rates rose at five major U.S. banks and credit card companies in November, and remained unchanged at one, American Express Co. Charge-offs rose at four companies, fell at JPMorgan Chase and remained unchanged at American Express. Net charge off rate Delinquency Rate Nov 2016 Oct 2016 Nov 2016 Oct 2016 JPMorgan Chase 2.12 2.13 1.17 1.15 American Express 1.50* 1.50 1.10* 1.10 Bank of America 2.42 2.39 1.58 1.55 Capital One 4.78 4.31 4.00 3.91 Discover Financial 1.88 1.83 1.60 1.57 Citigroup 2.92 2.28 1.62 1.56 All figures are in percentages. *Consumer only (Compiled by Diptendu Lahiri in Bengaluru)
June 29 Hong Kong stocks closed at their highest level in nearly three weeks on Thursday, led by financials on bet that Beijing would unveil supportive policies as President Xi Jinping visits the former British colony to commemorate the 20th anniversary of its handover to China on July 1.