American Express Co. fell$. 18 or. 2 percent, to $85.75. Capital One Financial Corp. rose$. 40 or. 6 percent, to $73.00. Discover Financial Services rose$. 70 or 1.3 percent, to $53.47.» Read More
TORONTO, June 27- TD Bank Group said on Thursday it has agreed to become the primary credit card issuer for Aeroplan, a loyalty program owned by Aimia, which could end rival CIBC's long-standing partnership with Aimia. Aimia said in a statement that the deal with TD would bring improved growth and strong free cash flow generation over the longer term.
June 21- Just about anyone who has a credit card, bank account or a relationship with a financial services company is likely to have agreed to settle a dispute through arbitration and forfeit the right to sue.
The Supreme Court ruled that an arbitration agreement prevents merchants from bringing class action claims against American Express.
LONDON/ MADRID, June 19- U.S. private equity firm Warburg Pincus is trying to persuade European banks to sell it more of their businesses by buying minority stakes that allow them to share in any future upside, a senior executive told Reuters on Thursday.
Both yielded the bank more profits than the government-sponsored Home Affordable Modification Program, according to documents recently filed as part of a lawsuit in Massachusetts federal court.
NEW YORK, June 13- Scrambling to plug revenue holes created by crackdowns on credit card fees and falling brokerage commissions, big U.S. banks are pushing a strategy they've tried with limited success in the past- cross-selling products.
As investors rely increasingly on Finra’s database to vet Wall Street professionals, some brokers and executives are trying to remove complaints.
Free money is mighty appealing and a number of banks and credit unions will pay you $50, $100 or even more to become a new customer, but there is a catch.
The Republican-dominated House of Representatives on Thursday voted to switch federal student loan interest rates to a market-based system.
Americans think that a family of four needs to bring in at least $58,000 a year to get by in their community, a new Gallup survey finds.
Visa Europe, the European licensee of Visa Inc., has offered to cap its inter-bank credit card fees at 0.3 percent of transaction value for four years, the same level as the rival MasterCard network, to end a European Union competition investigation and stave off a possible fine.
Thanks to fast action by the Consumer Financial Protection Bureau, spouses and unmarried partners who run the home will no longer be penalized for lack of income when they apply for cards.
The Consumer Financial Protection Bureau expanded its probe into the car loan industry by issuing subpoenas to auto lenders over the sale of financial products like extended warranties, the WSJ reported.
Visa reported earnings and revenue that beat market expectations. Shares rose after-hours.
Six- and seven-year loans are becoming an increasingly popular choice — and some lenders will even stretch that out to eight years. These long-term loans allow buyers buy the vehicle they want, but it also costs them more.
Parents always want their children to succeed, but a survey from T. Rowe Price shows many parents are "unrealistically optimistic" about their children's financial future.
J.C. Penney shares surged Monday after a research note flagged promising early customer response to the department store chain's weekend launch of Joe Fresh shops within its stores.
The fact is, if you want to get your customer service problem solved, you need to speak up and stand your ground until the company makes you happy.
About 3.6 million Americans were earning at or below the federal minimum wage of $7.25 an hour in 2012, and those weren't all high school students flipping burgers, about half of them were 25 or older. How do they do that? NBC reports.
The latest research busts some everyday beliefs about handling our money that even the smartest of savers may believe.