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  • Jan 16- Two online payday lending companies linked to a professional racecar driver have agreed to pay a record $21 million to resolve charges by U.S. regulators that they engaged in deceptive practices, the Federal Trade Commission said on Friday. The settlement with Kansas- based AMG Services Inc, which serviced the loans, and MNE Services Inc, which lent to...

  • Midday Glance: Credit Card companies Friday, 16 Jan 2015 | 1:18 PM ET

    American Express Co. rose$. 04 or percent, to $85.92. Capital One Financial Corp. fell$. 32 or. 4 percent, to $76.63. Discover Financial Services fell$. 76 or 1.3 percent, to $59.34.

  • WASHINGTON, Jan 16- The U.S. Fed Chair Janet Yellen and other Fed officials have met with these groups from late last year to hear their concerns, a departure from the practice of previous central bank leaders. A provision to permanently establish a seat at the Fed board for a person with community banking experience awaits the signature of President Barack Obama,...

  • Early Glance: Credit Card companies Friday, 16 Jan 2015 | 10:13 AM ET

    American Express Co. fell$. 52 or. 6 percent, to $85.36. Capital One Financial Corp. fell$. 63 or. 8 percent, to $76.32. Discover Financial Services fell$. 57 or. 9 percent, to $59.54.

  • Fed to launch community advisory council Friday, 16 Jan 2015 | 10:00 AM ET

    WASHINGTON, Jan 16- The U.S. Federal Reserve announced on Friday it will establish a community advisory council of 15 citizens to meet regularly with central bank officials for a broad conversation on the state of the economy. In a statement, the Fed said the panel will have "a particular focus on the concerns of low- and moderate-income populations."

  • Final Glance: Credit Card companies Thursday, 15 Jan 2015 | 6:08 PM ET

    American Express Co. fell $1.19 or 1.4 percent, to $85.88. Capital One Financial Corp. rose$. 20 or. 3 percent, to $76.95. Discover Financial Services fell $1.02 or 1.7 percent, to $60.10.

  • Midday Glance: Credit Card companies Thursday, 15 Jan 2015 | 1:59 PM ET

    American Express Co. fell$. 30 or. 3 percent, to $86.77. Capital One Financial Corp. rose$. 16 or. 2 percent, to $76.91. Discover Financial Services fell$. 24 or. 4 percent, to $60.88.

  • Early Glance: Credit Card companies Thursday, 15 Jan 2015 | 11:00 AM ET

    American Express Co. rose$. 24 or. 3 percent, to $87.31. Capital One Financial Corp. rose$. 61 or. 8 percent, to $77.36. Discover Financial Services rose$. 17 or. 3 percent, to $61.29.

  • Final Glance: Credit Card companies Wednesday, 14 Jan 2015 | 6:07 PM ET

    American Express Co. fell $2.16 or 2.4 percent, to $87.07. Capital One Financial Corp. fell $1.64 or 2.1 percent, to $76.75. Discover Financial Services fell $1.32 or 2.1 percent, to $61.12.

  • WASHINGTON, Jan 14- The head of the U.S. Chamber of Commerce charged on Wednesday that Senator Elizabeth Warren and other backers of what he called "economic populism" were actually seeking a state-run economy. Thomas Donohue, the chamber's president and a top business lobbyist, said he did not think most Americans shared the views of Warren, a liberal Democrat and...

  • Midday Glance: Credit Card companies Wednesday, 14 Jan 2015 | 1:43 PM ET

    American Express Co. fell $2.42 or 2.7 percent, to $86.81. Capital One Financial Corp. fell $2.25 or 2.9 percent, to $76.14. Discover Financial Services fell $1.76 or 2.8 percent, to $60.68.

  • Jan 14- Wells Fargo& Co, the fourth largest U.S. bank by assets, reported a slight increase in quarterly profit on Wednesday as it earned more from credit cards and corporate loans. Credit cards, one of Wells Fargo's major areas of expansion, were a bright spot as fees rose 12 percent to $925 million in the fourth quarter. Commercial and industrial loans jumped 15...

  • Early Glance: Credit Card companies Wednesday, 14 Jan 2015 | 10:41 AM ET

    American Express Co. fell $1.26 or 1.4 percent, to $87.97. Capital One Financial Corp. fell $1.95 or 2.5 percent, to $76.44. Discover Financial Services fell $1.03 or 1.6 percent, to $61.41.

  • UPDATE 3-Wells Fargo profit rises on higher loan growth Wednesday, 14 Jan 2015 | 10:40 AM ET

    Jan 14- Wells Fargo& Co, the fourth largest U.S. bank by assets, reported a slight increase in quarterly profit on Wednesday as it earned more from credit cards and corporate loans. Credit cards, one of Wells Fargo's major areas of expansion, were a bright spot as fees rose 12 percent to $925 million. Commercial and industrial loans jumped 15 percent to $271.8 billion,...

  • Final Glance: Credit Card companies Tuesday, 13 Jan 2015 | 6:15 PM ET

    American Express Co. fell$. 27 or. 3 percent, to $89.23. Capital One Financial Corp. fell$. 67 or. 8 percent, to $78.39. Discover Financial Services fell$. 58 or. 9 percent, to $62.44.

  • Midday Glance: Credit Card companies Tuesday, 13 Jan 2015 | 1:17 PM ET

    American Express Co. rose$. 71 or. 8 percent, to $90.21. Capital One Financial Corp. rose$. 02 or percent, to $79.08. Discover Financial Services rose$. 22 or. 3 percent, to $63.24.

  • Early Glance: Credit Card companies Tuesday, 13 Jan 2015 | 10:42 AM ET

    American Express Co. rose $1.52 or 1.7 percent, to $91.02. Capital One Financial Corp. rose$. 82 or 1.0 percent, to $79.88. Discover Financial Services rose$. 82 or 1.3 percent, to $63.84.

  • Singapore property faces test as rates rise Thursday, 8 Jan 2015 | 9:07 PM ET

    Singapore's efforts to rein in household debt and its sky-high home prices appear set for their first test as local rates begin to rise.

  • Jan 8- New York's financial regulator sent a subpoena to the Medley Opportunity Fund II last week as he investigates the hedge fund's ties to payday lending, Bloomberg reported, citing a person familiar with the matter. Benjamin Lawsky, superintendent of Department of Financial Services, is seeking records from the fund on its investments in payday lenders,...

  • Jan 8- New York's financial regulator sent a subpoena to the Medley Opportunity Fund II last week as he investigates the hedge fund's ties to payday lending, Bloomberg reported, citing a person familiar with the matter. Benjamin Lawsky, superintendent of Department of Financial Services, is seeking records from the fund on its investments in payday lenders,...