Financial

In a bid to propel its service to another level, Siam Commercial Bank has joined hands with the Sansiri Group to launch the "SCB Sansiri Platinum Card". This marks the first time that a leading bank has collaborated with a dominant property development player to launch a credit card under the concept of "One Card for Home and Privileged Living", allowing Sansiri customers to reap superior privileges catering to their lifestyles. The "SCB Sansiri Platinum Card" will provide customers the convenience of a credit card combined with benefits suited to potential and current homeowners.

David Rose “puts it in black and white,” Smyth County Acting Administrator Michael Carter said last week before the county’s financial consultant told the supervisors what shape the county’s money is in.

Prudential Florida Realty announces its “Family of Services Partner,” Florida Home Finance Group, an affiliate of Wells Fargo Home Mortgage (FHFG) was honored with the Wells Fargo Home Mortgage Certificate of Achievement Award last month.

On a stunning bluff overlooking the Pacific Ocean near Los Angeles, a new luxury hotel and golf resort are ready to open. But, first, they need a little help from taxpayers.

NEW YORK, June 9 (Reuters) - The default rate of U.S. commercial real estate bank loans reached its highest level in 15 years and is not expected to peak until 2011, according to a report by Real Estate Econometrics.