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JPMorgan Chase, which helped underwrite $15.4 billion of WorldCom's bonds, agreed in March 2005 to pay $2 billion; that was 46 percent, or $630 million, more than it would have paid had it accepted an investor offer in May 2004 of $1.37 billion. J.P. Morgan was the last big lender to settle.
v. t. e. A credit card is a payment card, usually issued by a bank, allowing its users to purchase goods or services or withdraw cash on credit. Using the card thus accrues debt that has to be repaid later. [ 1] Credit cards are one of the most widely used forms of payment across the world. [ 2]
In 2000, it was announced that Bank of Ireland was acquiring Chase de Vere. [27] This share was later sold in 2004. [28] In 2001, the bank acquired Moneyextra. [29] In 2002, it acquired a 61% share in Iridian, a US investment manager, which doubled the size of its asset management business. [30] It increased its share to 76% in 2004. [31]
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