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  • LONDON, Jan 27- Around two million Britons who may have been mis-sold insurance to cover events such as credit card fraud will be asked to vote for a scheme that could cost top banks hundreds of millions of pounds in compensation. The Financial Conduct Authority said on Tuesday 11 lenders and card issuers had voluntarily agreed to compensate customers after "...

  • Early Glance: Credit Card companies Tuesday, 27 Jan 2015 | 10:25 AM ET

    American Express Co. fell$. 88 or 1.1 percent, to $82.42. Capital One Financial Corp. fell$. 85 or 1.1 percent, to $77.34. Discover Financial Services fell$. 27 or. 5 percent, to $56.43.

  • LONDON, Jan 27- Around two million Britons who may have been mis-sold insurance to cover events such as credit card fraud will be asked to vote for a scheme that could cost top high street banks hundreds of millions of pounds in compensation. The Financial Conduct Authority said on Tuesday 11 lenders and card issuers had voluntarily agreed to compensate...

  • Final Glance: Credit Card companies Monday, 26 Jan 2015 | 6:04 PM ET

    American Express Co. fell$. 83 or 1.0 percent, to $83.30. Capital One Financial Corp. rose$. 59 or. 8 percent, to $78.19. Discover Financial Services rose$. 12 or. 2 percent, to $56.70.

  • Midday Glance: Credit Card companies Monday, 26 Jan 2015 | 1:53 PM ET

    American Express Co. fell$. 69 or. 8 percent, to $83.45. Capital One Financial Corp. rose$. 11 or. 1 percent, to $77.71. Discover Financial Services fell$. 36 or. 6 percent, to $56.22.

  • Early Glance: Credit Card companies Monday, 26 Jan 2015 | 12:16 PM ET

    American Express Co. fell$. 27 or. 3 percent, to $83.86. Capital One Financial Corp. fell$. 77 or 1.0 percent, to $76.83. Mastercard fell $1.09 or 1.3 percent, to $83.30.

  • Final Glance: Credit Card companies Friday, 23 Jan 2015 | 6:04 PM ET

    American Express Co. fell$. 24 or. 3 percent, to $84.13. Capital One Financial Corp. rose $1.40 or 1.8 percent, to $77.60. Discover Financial Services fell$. 74 or 1.3 percent, to $56.58.

  • WASHINGTON— MasterCard on Friday became the first major credit card company to say it will start handling U.S. card transactions in Cuba. Citing new guidance from the U.S. Department of Treasury, MasterCard said it would begin processing swipes by U.S. card holders in Cuba beginning March 1. MasterCard Inc., which is based in Purchase, New York, said in a statement...

  • Midday Glance: Credit Card companies Friday, 23 Jan 2015 | 1:31 PM ET

    American Express Co. rose$. 46 or. 5 percent, to $84.83. Discover Financial Services rose$. 10 or. 2 percent, to $57.42. Mastercard rose$. 10 or. 1 percent, to $84.48.

  • Early Glance: Credit Card companies Friday, 23 Jan 2015 | 11:24 AM ET

    American Express Co. rose$. 85 or 1.0 percent, to $85.22. Capital One Financial Corp. rose $2.02 or 2.7 percent, to $78.22. Discover Financial Services rose$. 46 or. 8 percent, to $57.78.

  • Final Glance: Credit Card companies Thursday, 22 Jan 2015 | 6:05 PM ET

    American Express Co. fell $3.30 or 3.8 percent, to $84.37. Capital One Financial Corp. fell $1.01 or 1.3 percent, to $76.20. Discover Financial Services fell $3.52 or 5.8 percent, to $57.32.

  • Jan 22- Capital One Financial Corp, one of the largest credit card issuers in the United States, reported a quarterly profit that narrowly missed Wall Street's estimates as the company set aside more money to cover bad loans. Net income attributable to the company's shareholders rose to $974 million, or $1.73 per share, from $835 million, or $1.43 per share.

  • Capital One quarterly profit rises 16.6 pct Thursday, 22 Jan 2015 | 4:23 PM ET

    Jan 22- Credit card issuer Capital One Financial Corp reported a 16.6 percent rise in quarterly profit as the company's net interest income rose. Net income attributable to shareholders rose to $974 million, or $1.73 per share, for the fourth quarter ended Dec. 31, from $835 million, or $1.43 per share, a year earlier. Total net revenue rose about 4.9 percent to $5.81...

  • Midday Glance: Credit Card companies Thursday, 22 Jan 2015 | 1:29 PM ET

    American Express Co. fell $2.68 or 3.1 percent, to $84.99. Capital One Financial Corp. fell $1.74 or 2.3 percent, to $75.47. Discover Financial Services fell $3.78 or 6.2 percent, to $57.06.

  • Early Glance: Credit Card companies Thursday, 22 Jan 2015 | 12:09 PM ET

    American Express Co. fell $3.56 or 4.1 percent, to $84.11. Capital One Financial Corp. fell $1.54 or 2.0 percent, to $75.67. Discover Financial Services fell $4.92 or 8.1 percent, to $55.92.

  • AmEx to cut more than 4K jobs over this year Wednesday, 21 Jan 2015 | 6:36 PM ET
    An American Express sign in a shop window in New York City.

    American Express said it would cut more than 4,000 jobs this year and reported quarterly revenue that beat expectations.

  • Jan 21- More than 4,000 employees of American Express Co will lose their jobs over the next year as part of a restructuring program at the credit card company, a spokeswoman said. This will occur over the course a year throughout the organization, " Marina Hoffmann Norville, a spokeswoman for American Express, said in an email. It said American Express would continue...

  • Final Glance: Credit Card companies Wednesday, 21 Jan 2015 | 6:01 PM ET

    American Express Co. rose$. 41 or. 5 percent, to $87.67. Capital One Financial Corp. fell$. 18 or. 2 percent, to $77.21. Discover Financial Services fell$. 03 or percent, to $60.84.

  • Discover's 4Q profit falls 33 percent on one-time charges Wednesday, 21 Jan 2015 | 5:28 PM ET

    Discover Financial Services' net income fell 33 percent in the last three months of 2014, as several one-time charges cut into gains in credit card and loan revenue. The latest results fell short of Wall Street's expectations, sending shares in the credit card issuer and lender down 3.3 percent in aftermarket trading Wednesday. Discover's earnings also were...

  • Jan 21- Credit card issuer Discover Financial Services Inc reported a 33 percent drop in quarterly profit as it set aside more money to cover bad loans. Discover's net income allocated to shareholders fell to $392 million, or 87 cents per share, from $588 million, or $1.23 per share, a year earlier. The company's larger rival American Express Co reported a 10.7...