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  1. American Express to cut 7000 jobs, credit limits Press Trust of India, India - Nov 7, 2008 Houston, Nov 7 (PTI) In order to slash its costs by USD 1.8 billion in 2009, major US credit card group American Express , will lay off 7000 of its employees ...
    www.ptinews.com
  2. Big banks have formed an unusual alliance with consumer advocates to urge the government to allow huge portions of credit card debt to be forgiven, a turnabout from recent years when the banking industry lobbied strenuously to make it harder for consumers to erase their credit card debts in bankruptcy.
    www.courier-journal.com
  3. TAIPEI -(Dow Jones)- American International Group Inc. (AIG) plans to sell part of its 95% stake in Taiwanese life-insurance unit Nan Shan Life Insurance Co., a Nan Shan Life official said Monday. AIG wants to retain management control over Nan Shan ...
    www.beurs.nl

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