The ongoing postal strikes will leave many credit card holders with a black mark on their credit rating, uSwitch.com said this week. The price comparison site made the remarks after discovering that credit card customers have incurred £150 million of late payment fees due to the postal strikes. “A £12 late payment fee is not the only [...]

More: Postal strikes could mar credit ratings

A federal judge sentenced former Credit Suisse broker Eric Butler on Friday to five years in prison and a fine of $5 million after he was convicted of fraudulently selling subprime securities to corporate clients.