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Thursday, March 18, 2010, as of 04:19 PM EDT

Even Before Regs Tighten, Historic Low for Card ROA

American Banker  |  Tuesday, June 30, 2009

By Maria Aspan

Even before the government started clamping down on the card sector with measures scheduled to take effect next year, mounting chargeoffs have cut the return on assets at large U.S. "credit card banks" almost in half...

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