Report: BayernLB considering German rescue package (AP)

BayernLB is likely to seek help under the German government’s 500 billion euros rescue package, the bank’s administrative board chief was quoted as saying Sunday, as other German banks sent mixed signals about seeking help.

[$$] UBS Talks With Former Executives About Returning Some Pay (at The Wall Street Journal Online)

Prosecutors subpeona at least 12 Lehman execs (at CNNMoney.com)

Dick Fuld has received grand jury subpeonas in probe of the largest bankruptcy in U.S. history.

[$$] It’s Unusual to Call This a Quiet Day, But It Was (at RealMoney by TheStreet.com)

Four-hundred-point moves don’t generally imply calm, but today was better by recent standards.

Fitch: Downgrades of credit-card bonds could rise (AP)

Credit ratings agency Fitch Ratings said Monday that ratings downgrades to credit card asset-backed securities could increase in the near future as lending margins narrow while defaults continue to climb.

Capital One: Master of Its Domain (at Motley Fool)

Credit card interest rates decline in past week (AP)

The average annual interest rates charged on popular types of credit cards fell in the past week, according to Bankrate.com.

Dollar Financial buys London locations (at bizjournals.com)

Ameritrans Capital extends closing of loans sale (AP)

Ameritrans Capital Corp. said Monday it has extended the date and changed the purchase price to close the sale of a subsidiary’s taxicab medallion loans to Oct. 29.

Dollar Financial adds 5 stores in London area (AP)

Dollar Financial Corp., a payday lender, said Monday it acquired five stores in the London market. Dollar Financial now operates a network of 250 Money Shop stores in the United Kingdom.

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