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...
Here are some of the key stories CNBC is following this hour.
About 32 million consumers haven't switched cards in more than a decade, potentially missing out on fatter rewards and better rates.
Earnings are out for Visa. CNBC's Kayla Tausche reports the details. Stephanie Link, TIAA Investments, weighs in.
MasterCard reported fourth-quarter earnings that topped analysts' expectations by a penny a share on Tuesday.
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...
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...
Todd Gordon of TradingAnalysis.com sees another way to play the financial rally.
The tech giant launches a new rewards credit card for Prime members that combines 5% back with other perks.
Amazon now offering a rewards-based credit card to Prime subscribers with 5% back rewards, USAToday reports.
Anton Schutz, Mendon Capital, discusses how the "healthier consumer" will translate to overall financial growth.
WASHINGTON, Jan 10- The U.S. Supreme Court on Tuesday struggled over how to decide a challenge to a state law barring retailers from charging more to buy with credit instead of cash, debating whether it merely regulates prices or violates merchants' constitutional rights. The eight justices heard an hour of arguments in an appeal brought by merchants to a lower...
WASHINGTON, Jan 10- The U.S. Supreme Court on Tuesday struggled over how to decide a challenge to a New York state law barring retailers from imposing surcharges on customers who make purchases with a credit card instead of cash. The court heard a one-hour argument in an appeal filed by a group of merchants to a 2015 ruling by the New York- based 2nd U.S. Circuit Court...
Oppenheimer forecasts American Express' corporate tax rate will fall to 28 percent in 2018 from 35 percent.