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Company: Discover Financial Services
Discover Financial Services : [DFS  Loading...      ()   ]
Tuesday, 24 Nov 2009 | Source: The Associated Press
Citigroup Inc. said Tuesday it is selling its Diners Club North American franchise to BMO Financial Group as it continues to shed noncore assets and streamline operations.
Tuesday, 24 Nov 2009 | Source: The Associated Press
BMO Financial Group said Tuesday that it will buy the Diners Club North American franchise from Citigroup Inc., more than doubling its corporate card business.
Monday, 16 Nov 2009 | Source: Reuters
Credit card defaults fell more than expected in October, but delinquencies rose in a sign that consumers remain under stress and the sector can expect more pain ahead, credit card companies reported on Monday.
Monday, 16 Nov 2009 | Source: Reuters
U.S. credit card defaults fell more than expected in October, but delinquencies rose in a sign that consumers remain under stress and the sector can expect more pain ahead, credit card companies reported on Monday.
Monday, 16 Nov 2009 | Source: Reuters
By Juan Lagorio
Tuesday, 10 Nov 2009 | Source: The New York Times
Banks are struggling to make money in the credit card business these days, and consumers are paying the price. Interest rates are going up, credit lines are being cut and a variety of new fees are being imposed on even the best cardholders. The New York Times reports.
Wednesday, 28 Oct 2009 | Source: The Associated Press
Not only have credit card companies continued to use practices that will be outlawed under a strict law due to take effect in February.
Wednesday, 14 Oct 2009 | Source: The Associated Press
Consumers are increasingly late paying off loans on their primary home, as the highest unemployment in a quarter of a century pushes up delinquency rates on most types of loans.
Tuesday, 6 Oct 2009 | Source: The Associated Press
Bank of America on Tuesday pledged not to hike credit card interest rates or fees before a new law intended to reform industry practices takes effect in February.
Sunday, 13 Sep 2009 | Source: The Associated Press
Wall Street wants consumers to do their part to heal the economy. Traders know it's going to take some time.
Monday, 17 Aug 2009 | Source: The Associated Press
Most major credit card companies say fewer customers defaulted on their accounts in July, but that doesn't necessarily mean they're financially better off.
Friday, 14 Aug 2009 | Source: The Associated Press
Bank of America said that as of Thursday it will stop requiring that disputes with its credit card holders and banking and lending customers be settled by binding arbitration, opening the door for class-action and other lawsuits to push up the bank's legal costs.
Tuesday, 11 Aug 2009 | Source: The New York Times
The noxious penalty imposed on American Express and Discover consumers who exceeded their spending limit has finally died, quashed by legislation signed in May by President Obama to ease onerous fees for cardholders.
Wednesday, 1 Jul 2009 | Posted By: Jeff Cox | Source: CNBC.com
Despite swelling delinquencies and reform pressure from the government, credit card companies are using pricing power and staying power to emerge as a favorite among market pros.
Thursday, 18 Jun 2009 | Posted By: Cindy Perman | Source: CNBC.com
Stocks snapped a three-day losing streak Thursdayas a trio of encouraging economic reports — the Philadelphia Federal Reserve's manufacturing report, leading indicators and weekly jobless claims — fueled recovery hopes.
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Posts |  COMPANY : Discover Financial
16 Nov 2009
Major retailers and card companies are reporting credit card data for October...with mixed results... Read More
9 Nov 2009
In Monday's rally, the sector topping the tape was Financials, and leading the way were credit card stocks, notably American Express, Discover and Capital One... Read More
30 Oct 2009
Posted By:Robert Pozen, Author, Too Big to Save?Bullish on Books Blog
'Over the last year, the federal government has injected over $200 billion into approximately 600 financial institutions, and guaranteed over $300 billion of their troubled assets... Read More
28 Oct 2009
Visa reported strong earnings that topped last year's and outstripped Wall Street forecasts... Read More
19 Oct 2009
As of this past Friday, just over 10% of the S&P 500 companies had reported earnings. This week we will see roughly 30% more of the S&P report.... Read More
VIDEO | COMPANIES : Discover Financial Services
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UK banking regulations were under the spotlight again Thursday as proposals from city expert Sir David Walker were forma...
Banks must disclose how much they pay top employees, a UK government-sponsored report published by Sir David Walker said...
Lloyds Banking Group is proposing to raise $22.5 billion in a record rights issue. "Who would have thought the capital m...


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