Credit Cards News
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MasterCard IPO raises $2.4bn
25 May 2006
source:
ft.com
By Anuj Gangahar in New YorkPublished: May 25 2006 21:10 | Last updated: May 25 2006 21:10MasterCard debuted powerfully on the New York Stock Exchange on Thursday - its shares soaring by more than 15 per cent - after the world's second largest credit card issuer raised $2.4bn in an initial public offering. It was the biggest US IPO in two years. The debut helped to soothe nerves on Wall Street. M ... |
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Nationwide Building Society credit card advice offered
25 May 2006
source:
moneynews.co.uk
Thu 25th May 2006 For those with a Nationwide Building Society credit card, the building society has given football fans, planning on travelling to Germany to watch the World Cup this summer, advice about how to avoid scoring financial own goals. Estimates from Nationwide Building Society predict that travelling fans will spend on average around £1,400 on watching a World Cup match ... |
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Mastercard shares soar on debut
25 May 2006
source:
bbc.co.uk
Shares in US credit card giant Mastercard rose 10% to $42.40 (£22.65) soon after its stock market debut. The flotation raised $2.39bn - the biggest initial public offering of shares in two years, surpassing Google's $1.7bn offering in 2004. Yet the world's number two credit card firm had expected to raise even more. Weak market conditions and legal wrangles weighed on investors' sentiment, though Mastercard was nevertheless valued at almost $6bn. |
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Bank backs down on credit card perk
22 May 2006
source:
thisismoney.co.uk
Helen Loveless, Mail on Sunday22 May 2006 NATWEST has been forced into a humiliating climbdown after complaints from customers demanding to be reinstated to its Air Miles loyalty scheme. THIN AIR: Natwest had planned to scrap the Air Miles offer WANT TO KNOW MORE? TiM RECOMMENDS: Best cashback cards DEAL FINDER: Credit cards that suit EXPERTS: Your credit card questions answered OTHER STORIES Middle-class 'lifestyle' debts soar Cashback is still on the cards New on t ... |

