MILAN (Thomson Financial) Dino Crivellari, CEO of UniCredit SpAs unit UCG Banca specialising in debt recovery on nonperforming loans, said he does not expect a particularly dramatic situation in Italy. Read more
March 25 (Bloomberg) Highyield, highrisk bonds are off to their worst start ever, and the biggest investors say theres no recovery in sight. Junk bonds have fallen an average 3.9 percent this year, losing about $35 billion, according to data from Merrill Lynch Co. indexes. Read more
MELVILLE, N.Y After Kim Mullen filed for bankruptcy in 1993, she cut up all her credit cards in her lawyers office. Since then, the Levittown resident has managed to obtain a good credit rating. Read more
SYDNEY, March 26 (Reuters) Australian shares rose 0.2 percent on Wednesday, buoyed by gains in commodity firms such as BHP Billiton Ltd BHP.AX and Newcrest Mining NCM.AX on a recovery in oil and metal prices. Read more