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The inability of NYSE Euronext to capture the OTC derivative market has resulted in its declining market share.



Clipped from money.cnn.com using the Trefis clipping tool:
NEW YORK (CNNMoney) -- Stock exchanges around the world are struggling to gain a foothold in areas where their biggest customers - banks - already have a significant stronghold.

It's become big business on Wall Street but ... Read more

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Insurance companies are looking to tap 80% population who do not have long term care but the survey shows they will face hard time convincing consumers that they need it.




Clipped from blogs.reuters.com using the Trefis clipping tool:
The federal government threw in the towel on creating a public option for long-term care coverage last week, and that would seem to be definitive for now.

In defeat, Health and Human Services (HHS) Secretary Kathleen Sebelius ... Read more

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Banks are more focused on growth and have increased lending to sub-prime borrowers which caused delinquencies to rise.

Clipped from marketwatch.com using the Trefis clipping tool:
Capital One Financial Corp. (NYSE:COF) said credit card delinquencies rose again in September, though charge-offs continued declining.

U.S. charge-offs--loans banks don't expect to be able to collect--have been on a mostly downward trend this year. The rate still sits near four-year lows. The U.S. credit card industry has had a slow recovery as losses from soured loans remain high.

Net charge-offs in September dropped to 3.9% from 4.1% a month earlier at Capital One's U.S. card business. Internationally, the rate dropped to 5.65% from 6.21%, according to a filing with the Securities and Exchange Commission. Auto-finance charge-offs declined to 1.34% from 1.94%.

At the company's U.S. credit-card business, 30-day delinquencies rose to 3.65% from 3.43% a month earlier and edged lower to 5.35% from 5.36% internationally. The auto-loan 30-day delinquency rate dropped to 6.79% from 7.08%.

Capital One, which transformed itself from a credit card lender to a bank just before the financial crisis hit, has lately benefited from improving credit quality. In July, the company reported its second-quarter earnings rose 50%, beating analysts' estimates, as it booked lower loan loss provisions and saw a decline in net charge-offs.


U.S. charge-offs--loans banks don't expect to be able to collect--have been on a mostly downward trend this year. ... Read more

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The surging popularity of debit cards largely reflects the growing use of plastic by American consumers. Much of this growth in debit cards is fueled by small ticket transactions as cards begin to replace cash and check.



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Amex has seen most dramatic decline in its market share during 2004-2009. Visa and MasterCard continue to be market leaders.

Clipped from zdnet.com:
IDC data shows Americans spending $340 bln annually on credit cards in 2004. Visa and American Express led the market in 2004 with 40% and 36.4% market share, respectively. By 2009, Americans will spend $996 bln with credit cards, with Visa owning 48.4% of the market and MasterCard becoming #2 with 26.3%. ... Read more

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Visa processed 44 billion transactions in 2006; nearly double MasterCard’s 23.4 billion. Visa has more market share than MasterCard, American Express, and Discover combined.

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Credit card transactions are estimated to grow more than 10% a year for the next couple of years.

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Trading volume at the Chicago Mercantile Exchange was up 15.9% in September 2011 to about 294 million contracts from about 254 million in September
2010.

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