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Debt Credit Cards

  • In documents posted to its website on Tuesday as part of its annual investor day, JPMorgan predicted its costs will rise 3.4 percent to $58 billion, from $56.1 billion this year. At the day-long confab, held at JPMorgan's headquarters in New York, top executives offer their visions for the bank's four major business lines and mingle with investors, analysts and...

  • Feb 28- JPMorgan Chase& Co, the biggest U.S. bank by assets, said it expected 2017 expenses to rise about 3.4 percent as it spends more on technology and in signing up new credit card accounts. Total adjusted expenses for 2017 are expected to be about $58 billion, up from $56.1 billion in 2016, according to slides posted on the company's website as part of the bank's...

  • Feb 28- JPMorgan Chase& Co said it expected 2017 expenses to rise about 3.4 percent as the lender spends more on technology and signing up new credit card accounts. Total adjusted expenses for 2017 are expected to be about $58 billion, up from $56.1 billion in 2016, according to slides posted on the company's website. Some investors expecting banks profits to...

  • LONDON, Feb 24- British banks approved the highest number of mortgages in a year last month and credit card lending partly revived after a lull in December, industry figures showed on Friday, contrasting with earlier signs of a loss of economic momentum. The British Bankers' Association said its members gave the green light to 44,657 mortgages in January, up from...

  • MADRID— Spain's National Court has sentenced Rodrigo Rato, a former head of the International Monetary Fund, to 4 ½ years in prison for misusing a Spanish bank's corporate credit card. The court convicted Rato of unlawful misappropriation of funds during his 2010-12 leadership of Bankia, a bank that later had to be bailed out. Rato was IMF chief from 2004 to 2007...

  • A member of the Iraqi security forces uses a wireless radio as he mans a turret on an armed vehicle in the village of al-Buseif, south of Mosul, during an offensive by Iraqi forces to retake the western side of the city from Islamic State (IS) group fighters on February 22, 2017.

    Here are some of the key stories CNBC is following this hour.

  • WASHINGTON— A federal appeals court said Thursday it will reconsider an earlier ruling that would have made it easier for President Donald Trump to fire the head of the government's consumer finance watchdog agency. The decision offers at least temporary job security for Richard Cordray, the director of the Consumer Financial Protection Bureau who has been...

  • Spying

    About 32 million consumers haven't switched cards in more than a decade, potentially missing out on fatter rewards and better rates.

  • Visa beats on top & bottom lines

    Earnings are out for Visa. CNBC's Kayla Tausche reports the details. Stephanie Link, TIAA Investments, weighs in.

  • Mastercard demonstrates the future of payments.

    MasterCard reported fourth-quarter earnings that topped analysts' expectations by a penny a share on Tuesday.

  • Man walking past American Express Travel Services office

    Keefe, Bruyette & Woods says American Express' customer billings growth surged 7 percentage points after President Bush's 2003 tax cuts.

  • SAO PAULO, Jan 26- Brazil's top monetary policy body approved on Thursday restrictions to revolving credit lines offered by credit card companies, in a long-expected move aimed at reducing interest rates for consumers. The National Monetary Council said consumers could only use for one month the high-cost revolving credit lines that automatically finance...

  • SAO PAULO, Jan 26- Brazil's top monetary policy body approved on Thursday restrictions to revolving credit lines offered by credit card companies, in a long expected move aimed at reducing interest rates for consumers. The National Monetary Council, known as CMN, said consumers could only use for one month the high cost revolving credit lines that...

  • Which is better for investors: Visa or Amex?

    John Williams, Compass Point Research, and James Sinegal, Morningstar, debate which credit card giant is a better investment.

  • CNBC's Susan Li reports on American Express after-hours, including what CFO Jeffrey Campbell had to say on the earnings conference call. The "Fast Money" traders weigh in.

  • The company gave fiscal 2017 guidance that was more optimistic than analyst expectations, but missed on earnings per share.

  • Jan 19- American Express Co's quarterly profit fell 8.2 percent as the credit card issuer boosted spending on marketing and promotion to fend off rising competition. Net income attributable to common shareholders fell to $825 million, or 88 cents per share, in the fourth quarter ended Dec. 31, from $899 million, or 89 cents per share, a year earlier.

  • LONDON, Jan 18- Britain's competition watchdog said on Wednesday that Mastercard has proposed a series of measures that should alleviate its concerns about the credit card giant's takeover of payments processing company VocaLink. The Competition and Markets Authority said earlier this month that it was worried the deal could lead to the combined group...

  • Cyber security credit card theft

    Todd Gordon of TradingAnalysis.com sees another way to play the financial rally.

  • Amazon unveils Prime credit card with 5% back

    The tech giant launches a new rewards credit card for Prime members that combines 5% back with other perks.