Biggest Banks Shed Billions As Credit Suisse Decline Fuels Selloff

[ad_1] JPMorgan, Bank of America, Citigroup and Wells Fargo have lost about $91 billion in market value over the past week. [ad_2] Source link

Visa Finance Chief Vasant Prabhu to Depart in September

[ad_1] Visa Inc. said its chief financial officer, Vasant Prabhu, is stepping down as the payments giant works to continue growing certain merchant services and making acquisitions.  Mr. Prabhu will…

IT Job Market Shrinks for First Time in Over Two Years

[ad_1] The job market for information-technology professionals shrank in January for the first time in over two years, a sign that IT staffers are facing the same scrutiny as workers…

What Fed Interest-Rate Increases Mean for Your Mortgage, Car Loan and Savings

[ad_1] The Federal Reserve is expected to dial down its aggressive campaign to stamp out inflation Wednesday with a more modest interest-rate increase.  An expected 0.25 percentage point increase won’t…

Biden Administration to Propose Rule to Lower Credit-Card Late Fees

[ad_1] Under the Consumer Financial Protection Bureau regulation, charges would be capped at $8 per missed payment, a substantial reduction from current fees. [ad_2] Source link

How Couples Can Team Up on Debt Repayment

[ad_1] Between financially helping his parents and losing income as a result of the COVID-19 pandemic, Jeremy Mazza landed into serious credit card debt. Relief came from a source he…

Banks Brace for More Consumers to Fall Behind on Their Loans

[ad_1] Delinquencies are rising, in some cases surpassing prepandemic levels, prompting banks to add to their rainy-day funds. [ad_2] Source link

The Spending American Express Should Worry About Is Its Own

[ad_1] The company has gotten a boost from its push toward the highest tier of spenders, but now it needs to show more progress on cost control. [ad_2] Source link

WSJ News Exclusive | Banks Plan Payment Wallet to Compete With PayPal, Apple Pay

[ad_1] WSJ News Exclusive Finance Financial institutions behind Zelle are working on a wallet for consumers to use at online checkout [ad_2] Source link