NEW YORK— Michaels Stores Inc. said Thursday that about 2.6 million cards, or about 7 percent of all debit and credit cards used at its namesake stores, may have been affected in a security breach. The nation's largest arts and crafts chain said its subsidiary Aaron Brothers was also attacked, with about 400,000 cards potentially affected.» Read More
American Express Co. fell $2.57 or 2.9 percent, to $86.60. Capital One Financial Corp. fell $1.15 or 1.5 percent, to $75.55. Discover Financial Services fell $1.69 or 2.9 percent, to $56.70.
BATON ROUGE, La.— Organizations seeking to toughen regulations on payday loans Monday pointed to a report by the Louisiana Office of Financial Institutions that shows state residents shelled out about $146 million in fees and interest on the loans last year. Advocates for payday loan reform used the report at a House Commerce Committee hearing to back Rep.
Consumer borrowing climbed $16.5 billion in February, up from a $13.5 billion gain in January, the Federal Reserve reported Monday. The category that includes credit cards fell $2.4 billion after a $241 million drop in January.
WASHINGTON, April 7- U.S. consumer credit rose more than expected in February, likely reflecting a surge in demand for student and automobile loans. Total consumer credit increased by $16.49 billion to $3.13 trillion, the Federal Reserve said on Monday.
American Express Co. fell $2.16 or 2.4 percent, to $87.01. Capital One Financial Corp. fell $1.30 or 1.7 percent, to $75.40. Discover Financial Services fell $1.40 or 2.4 percent, to $56.99.
American Express Co. fell $1.81 or 2.0 percent, to $89.17. Capital One Financial Corp. fell$. 77 or 1.0 percent, to $76.70. Discover Financial Services fell $1.06 or 1.8 percent, to $58.39.
American Express Co. fell $1.10 or 1.2 percent, to $89.88. Capital One Financial Corp. fell$. 33 or. 4 percent, to $77.14. Discover Financial Services fell$. 74 or 1.2 percent, to $58.71.
American Express Co. fell$. 55 or. 6 percent, to $90.43. Capital One Financial Corp. rose$. 08 or. 1 percent, to $77.55. Discover Financial Services fell$. 12 or. 2 percent, to $59.33.
*Popular in talks with Citi over Spanish retail unit. MADRID, April 4- Banco Popular said on Friday it was in talks to buy Citigroup's retail banking and credit card business in Spain, where other foreign players struggling to compete with local banks after a financial crisis have considered exits.
WASHINGTON, April 3- Bank of America Corp is close to settling with a U.S. consumer regulator over the sale of services sold as add-ons to credit cards, sources familiar with the talks said.
WASHINGTON, April 3- Bank of America Corp is close to a settlement with the U.S. Consumer Financial Protection Bureau over problems with products sold as add-ons to credit cards, sources familiar with the talks said.
US CONSUMER REGULATOR CLOSE TO SETTLEMENT WITH BANK OF AMERICA OVER CREDIT CARD ADD-ON PRODUCTS-SOURCES.
April 3- Bank of America Corp is in talks to may pay more than $800 million to settle allegations by the Consumer Financial Protection Bureau that it forced customers to sign up for extra credit-card products, the Wall Street Journal reported, citing people familiar with the matter.
April 1- Wells Fargo& Co said on Tuesday that it agreed to issue and service credit cards for retailer Dillard's Inc, the latest move by the fourth-largest U.S. bank to boost its card business.
April 1- Two U.S. banks that sued Target Corp and credit card security firm Trustwave Holdings Inc over responsibility for one of the largest data breaches on record have at least for now dropped their lawsuit.
Most of us have a positive experience when we use the Web. Credit unions, shipping companies, banks and hotels scored highest.
LONDON/ STOCKHOLM, March 31- U.S. conglomerate General Electric Co is exploring the sale of its GE Money Bank unit in the Nordic region, which could fetch up to 2 billion euros, as it retreats from the finance sector, sources close to the matter told Reuters.
LONDON/ STOCKHOLM, March 31- U.S. conglomerate General Electric is exploring the sale of its GE Money Bank unit in the Nordic region, which could fetch up to 2 billion euros, as it retreats from the finance sector, sources close to the matter told Reuters.
March 29- Trustwave Holdings Inc, a credit-card security firm that has been sued along with Target Corp over a sweeping data breach, said on Saturday it did not process cardholder data for the retailer or handle Target's data security as a lawsuit alleges.
NOVO-OGARYOVO, Russia, March 27- President Vladimir Putin said on Thursday that Russia would develop its own credit card system to reduce reliance on Western-based companies and soften the potential blow from U.S. and EU sanctions.