Hey, big spender! If you checked off your shopping list on the web, you may have skipped this levy.
Wells Fargo announced new account openings fell by 44% in October and new credit card applications had plummeted by 50%, NBCNews reports.
In the wake of the Wells Fargo account scandal, Tim Maurer, director of personal finance at Buckingham and The BAM Alliance, discusses consumer alternatives to the big banks.
Australia's big four banks have been in the headlines for all the wrong reasons in the past year.
Fintech helps to make banking transactions and asset management more efficient and accessible, says Nexchange Chief Strategy Officer Andrew Economos.
The Little Snowball Co-founder Aloysius Lee tells CNBC how he started as a young investor and why youngsters need to learn investing and financial concepts.
Wells Fargo CFO John Shrewsberry says thousands of staffers fired after opening unauthorized customer accounts represented under-performing employees.
Sebastian Siemiatkowski, CEO of Klarna, explains his company's attempt to revolutionize credit card purchases for online consumers.
Participants in a nationwide movement to deploy African-American spending power in a more targeted way are depositing cash in black-owned banks.
The banking industry has piled on about $18 billion of card loans and other types of revolving credit within just three months, the FT reports.
Oliver Hughes, CEO of Tinkoff Bank, discusses banking in Russia and how his company has managed to turn a profit as consumer credit has contracted.
The largest banks are reportedly increasing the amount of overdraft fees they collect from their customers.
Another fintech start-up has run in to trouble. Online lender Vouch Financial is shutting down, reports said.
Regulators are proposing a significant clampdown on payday lenders and other providers of high-interest loans.
The online lender tells P2P lenders its position is strong, but some could lose on loans.
The bank is discontinuing its popular coin-counting arcades after complaints about their accuracy.
Fees to companies to originate loans vary widely and have drawn regulators' attention.
The Department of Labor will unveil the final version of its fiduciary rule which is designed to ensure financial advisers puts the best interest of their clients ahead of their own.
Despite concerns about the safety of U.S. banks, they're the strongest they've been in decades, storied bank analyst Richard Bove said.
The Urban Chinese Financial Sentiment index tracks Chinese household finances, which better reflect spending behavior, says RFI Group's Charles Green.