Bank becomes largest dual card issuer in Canada
Code takes effect Aug. 16
Retailers applaud measures to protect them from rising costs
Outlook improving with fewer personal bankruptcies and lower unemployment
Delinquency rates rise
Bank to acquire Diners Club North America from Citigroup
Stakeholders invited to comment over the next 60 days
Extra information provided to clients in statements will reveal that credit cards can act as “financial weapons of mass destruction”
Timing of complex changes raises industry concerns
Charge-offs rising along with unemployment and personal bankruptcies