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Consumer lenders stand by their upbeat outlook for 2022

Some investors worry the rebound in consumer lending will inevitably lead to more defaults. Here’s why bank executives disagree.

New yorkUnited statesJon arfstromJennifer laclairMichael santomassimoRichard fairbankBrian moynihanRoger hochschildFederal reserve bankCapital oneCredit suisseNasdaq bank indexWells fargoZone chairmanBank indexDetroit based ally

DMK member hacked to death at home in Chennai, second incident in TN in one week

Two DMK members have been murdered in the last week. Ponnuthas was murdered in Palayamkottai in Tirunalveli district on Saturday. Selvam was hacked to death outside his house in Chennai’s Madipakkam on Tuesday, February 1.

Tamil naduTirunalveli palayamkottaiZone chairmanDmk members murdered tirunalveli chennai selvam ponnuthas crime india tamil nadu

Capital One s marketing costs surge as card competition heats up

The expenses jumped 33% last quarter, which was generally in line with trends elsewhere in the credit card industry. The battle for new customers is “intense,” CEO Richard Fairbank told analysts.

United statesMoshe orenbuchErik buddeRichard fairbankMintel comperemediaRoger hochschildCapital oneCredit suisseAmerican expressWolfe researchFinancial servicesCapital one financialZone chairmanDiscover financial servicesBill carcacheConsumer banking

Inside Hereford s new trail-blazing cyber security centre

BUILDING work at Hereford s new £9 million state-of-the art cyber security centre has finished, and the site has been handed over by the contractor.

United kingdomDavid hitchinerPrashant pillaiAndrew manning coxSpeller metcalfeEuropean regional development fundDepartment for digitalHereford asbestos servicesMidlands centre for cyber security in herefordNational cyber security centreHerefordshire councilInternational cyber knowledge hubUniversity of wolverhamptonWolverhampton cyber research instituteGovernment local growth fundMarches local enterprise partnership

Oil firm sues FG over alleged cancellation of permit

A Lagos-based oil company, NOV Oil and Gas Limited has instituted a suit against the Ministry of Petroleum Resources and the defunct Department of Petroleum Resources

Lagos stateEyam abengMinistry of petroleum resourcesNational industrial courtPetroleum act capDepartment of petroleum resourcesLagos state divisionGas industry service permitNigeria immigration serviceHigh courtGas limitedPetroleum resourcesFederal high courtZone chairmanOv oil and gas limited

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