11/16/10 The Wall Street Journal
A decline in delinquency rates for most credit-card issuers buoyed investor optimism over the pace of recovery in the U.S. card industry. Monthly data released Monday by several major issuers, including Capital One Financial Corp., American Express Co., Discover Financial Services, Bank of America Corp. and J.P. Morgan Chase & Co., generally indicated that losses from souring loans remain steep. Click here to read more.
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