MasterCard's Selander sees small economic improvement
MasterCard Chief Executive Officer Robert Selander said Tuesday that better retail sales in September and increased credit and debit card spending in October were encouraging signs of recovery but that such a recovery would be slow. "I think it's not going to be an overly buoyant season," Mr. Selander said. "We are seeing improvements relative to prior months, and given that it was a weak fourth quarter last year, we think it will be viewed as good as or better than last year by the time the season is done."
Reuters | 11/03
This story published in The Financial Services Roundtable SmartBrief on 11/04/2009
Fetting says Legg Mason's assets under management rose in August
Thursday, September 17, 2009
Barclays' first-half net income increases
Monday, August 3, 2009
Allstate's Wilson details plan to cut municipal bond holdings
Thursday, November 5, 2009
|
The Financial Services Roundtable SmartBrief
The Financial Services Roundtable SmartBrief is a FREE, daily e-mail newsletter for executives in the financial services industry. It provides the latest news and information you need to stay informed about important issues impacting your business. Sign up today to receive The Financial Services Roundtable SmartBrief. Learn more |
|