Diversified Financials Consumer Finance

  • Innovation and technology are driving change in the banking sector.

  • WASHINGTON/ NEW YORK, April 9- The U.S. Consumer Financial Protection Bureau has told Congress that "all options are on the table" for enforcing a 2018 consent order against Wells Fargo, raising the prospect of potential future penalties or other sanctions against the bank. In a letter to Democratic Senators Elizabeth Warren and Sherrod Brown published by the...

  • In the U.S., there is a three-digit number called a credit score that helps determine how much you pay for credit. Many U.S. lenders use one type called the "FICO score."

  • All your credit history can be translated into a three-digit number. It predicts how likely you are to not pay your bills, and it helps lenders decide how much of a credit risk you are. Watch this video to find out how this number impacts almost all expenses in your life and what you can do to push it higher.

  • *Isracard is Israel's largest credit card issuer. TEL AVIV, April 4- Israel's Bank Hapoalim has taken a further step in the planned flotation of its Isracard credit card unit by selling a 58.25 percent stake to institutional investors ahead of the planned sale next week to the general public. Hapoalim said on Thursday the shares were sold for 1.6 billion shekels,...

  • March 28- Wells Fargo& Co said on Thursday Tim Sloan will resign immediately as its chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal. Sloan, a 31- year veteran at the bank, took the helm of the company in October 2016 after John Stumpf resigned following revelations that the bank opened potentially...

  • NEW YORK, March 26- Goldman Sachs Group Inc's credit card deal with Apple Inc is the latest move by the Wall Street investment bank to court mass-market consumers, potentially connecting Goldman with hundreds of millions of iPhone users. But Goldman is entering a crowded market for co-branded cards where retailers often have the upper hand, and analysts...

  • NEW YORK, March 26- Goldman Sachs Group Inc's credit card deal with Apple Inc is the latest move by the Wall Street investment bank to court mass-market consumers, potentially connecting Goldman with hundreds of millions of iPhone users. But Goldman is entering a crowded market for co-branded cards where retailers often have the upper hand, and analysts...

  • With appearances by Oprah Winfrey and Steven Spielberg, the world's second-most valuable technology company lifted the curtain on a television and movie subscription service called Apple TV+ that will stream original television shows and movies. "While Apple may introduce a bigger roster of original content than Amazon and Netflix during their...

  • With appearances by Oprah Winfrey and Steven Spielberg, the world's second-most valuable technology company lifted the curtain on a television and movie subscription service called Apple TV+ that will stream original television shows and movies. "While Apple may introduce a bigger roster of original content than Amazon and Netflix during their...

  • NEW YORK, March 25- Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that can be used to earn cash back on the purchase of Apple products, but analysts suggest its rewards do not stand out among rivals. The Apple Card will sync with iPhone's users' Apple Wallet and work through its payment system Apple Pay, said Jennifer...

  • CUPERTINO, Calif., March 25- Apple Inc attempted to reintroduce itself on Monday as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an online gaming arcade. The move could be seen as a first step to challenging streaming video leaders Netflix and Amazon, although Apple is...

  • NEW YORK, March 25- Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that will be synched with iPhone users' Apple Wallet and can be used to buy Apple products at a discount. Speaking at an event at the iPhone maker's headquarters in Cupertino, California, Vice President for Apple Pay Jennifer Bailey said the new Apple Card...

  • Young woman with credit card and headphones online shopping at laptop on living room sofa

    In general, paying taxes with a regular credit card, without rewards, may not be a great idea.

  • BRASILIA, March 9- State-owned Brazilian bank Caixa Economica Federal is hoping to raise 15 billion reais through the listing of four of its subsidiaries, chief executive Pedro Guimaraes told newspaper O Globo in an interview published on Saturday. The bank aims to list its insurance, asset management, lottery and credit card subsidiaries in the second half of...

  • *Q4 net profit 688 mln shekels vs 740 mln forecast. *To raise quarterly dividend payout to 50 pct of net profit. TEL AVIV, March 7- Bank Leumi, Israel's biggest bank by market value, reported lower than expected quarterly net profit on Thursday, weighed down by weak capital markets and rising provisions at its credit card unit, which it sold last week.

  • March 1- Toyota Motor Corp and Fiat Chrysler Automobiles NV reported a fall in U.S. auto sales in February, as the industry faces weak demand following a long bull run after the financial crisis. New vehicle sales are expected to drop in 2019 as rising interest rates weigh on sales and result in higher monthly repayment for car loans. President Donald Trump's...

  • Credit cards in a wallet on wooden table. Open access for online shopping

    These moves can bring down your score. How to avoid them.

  • WASHINGTON, Feb 26- The nation's major credit reporting agencies faced renewed scrutiny from Congress on Tuesday, as lawmakers consider legislation overhauling the industry. "Our nation's consumer credit reporting system is broken," said Representative Maxine Waters, chairwoman of the House Financial Services Committee. The panel's top Republican,...