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NEW YORK - Pressure intensified on Citigroup to sell part or all of itself as its stock fell below $4 a share on Friday and fears escalated about future loan losses. CEO Vikram Pandit told managers earlier in the day he opposes breaking up the ...
Read moreWASHINGTON — Fewer consumers are now getting courted for credit cards. According to Mintel Comperemedia, a marketing-research firm based in Chicago, 1.34 billion credit-card direct-mail offers were sent out in the third quarter, down 13 percent ...
Read moreNot only do many bank customers fail to realise the benefits of paying for goods and services with a credit card or Visa debit card but bank staff also appear not to understand how compensation schemes work. Both the Visa Chargeback scheme and ...
Read moreCHICAGO, Nov. 17 /PRNewswire/ -- The National PTA, the nation's largest child advocacy organization, announced today that it has selected OneCause, a simple program allowing schools to earn contributions from everyday shopping, to provide the ...
Read moreThis past Election Day, voters in Ohio approved a ballot measure to cap interest rates payday lenders can charge on short-term loans. Loan companies responded quickly. The two major companies announced the closure of nearly 80 stores across the state ...
Read moreNEW YORK -- When the economy was booming, many hotel companies began building new properties. Some of those are opening now, resulting in a 2.5 percent increase in hotel room supply this year, just as demand is dropping by around 1 percent or more ...
Read moreCecil Bello has stumbled into a new corner of the credit squeeze. The 32-year-old management consultant has had the limits reduced on three of her credit cards. In September, U.S. Bank notified the Fairfax County resident that she no longer had a $14 ...
Read moreTHE CREDIT CRISIS AND THE DEEPENING RECESSION have dealt a double blow to American Express , which has long been viewed as one of the globe's leading financial companies, due to its enviable card business and consistently high returns. AmEx shares ...
Read moreChase Card Services, a unit of JPMorgan Chase & Co., said Monday it had appointed Andrew Pilkington chief executive of its Canadian credit card business. Pilkington, who recently started in the position, previously was general manager of American ...
Read moreResidents may soon have the option to use their credit or debit cards to purchase pistol permits, file mortgage documents and conduct other business with the Niagara County Clerk’s Office. County Clerk Wayne Jagow has asked lawmakers for permission ...
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