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Exact(26)

Now the banks manage credit, and the engineers are the big shots in town.

The paper informed Labour party thinking and lay behind its 1992 manifesto commitment to "manage credit sensibly".

Some, such as Visa, MasterCard and China's UnionPay, manage credit, debit and prepaid cards issued by their members; others, such as American Express, pump out their own plastic.

While systems to manage credit card risk are easily imported and adapted to the region, "legal innovations cannot be imported," he said.

Benjamin Strong, the Fed's de facto leader in its early years, saw how the deep and liquid market for trade acceptances the IOUs that were used to finance shipments of goods—helped the Bank of England to manage credit conditions.

What is more, up until the end of 2011, JPMorgan had a table that explicitly broke out the amount of credit derivatives used for "dealer/client" business and the amount used to manage credit risk.

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Similar(32)

The top consumer-finance firms have sophisticated risk-management systems and could teach the banks a thing or two about managing credit risk, says Jason Rogers of Barclays Capital in Tokyo.

Instead, it tackles lighthearted fare and basic concepts like financial planning, managing credit cards and the value of advertising.

The Alliance Data Systems Corporation, which manages credit cards for retailers, agreed yesterday to buy the Blair Corporation's credit portfolio for about $176.3 million.

Experian, a unit of GUS of Britain, sells personal credit reports and provides advice on managing credit and debt.

WALL STREET JOURNAL   Blackstone Turns to Managing Loans  |  As buyout activity slows, the Blackstone Group and Ares Management are turning toward managing credit, particularly European collateralized loan obligations, Bloomberg News reports.

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