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American Express is in talks to take over Goldman’s card deal and other ventures with the tech giant. American Express is in talks to take over Goldman’s card deal and other ventures with the tech giant. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the…

Those relying on fees might need bigger buffers to absorb losses under planned rules. Those relying on fees might need bigger buffers to absorb losses under planned rules. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not…

Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers. Deposits rose recently at Ally, Goldman Sachs’s Marcus and Capital One, banks that either don’t have branch networks or have far fewer branches than peers. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is…

Businesses face proposals on abortion, guns and climate change as groups with various viewpoints strive to get their agendas heard at this year’s annual meetings. Businesses face proposals on abortion, guns and climate change as groups with various viewpoints strive to get their agendas heard at this year’s annual meetings. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the…

PHOENIX—One of the top perks of access to airport lounges—bringing family members and partners along to eat, drink and relax for free—increasingly comes with a price tag. Maddie Davidson and her family hiked to the American Express Centurion Lounge in a neighboring concourse at Sky Harbor International Airport a few weeks ago to enjoy free breakfast and some mimosas before a flight to Orlando, Fla. She was surprised when the front desk agent at the lounge said the price for her husband and two…

U.S. banks dusted off their recession-ready playbooks at the end of 2022. Regional lenders and banks with big credit-card businesses continued to profit from borrowers who ran up credit balances at higher interest rates in the fourth quarter. But many tightened their lending standards and set aside more money to cover potential loan losses, signs that they don’t expect the good times to last.  Capital One Financial Corp. COF -0.68%…

Here is what some of the world’s corporate leaders said this week about the economy, inflation and the labor market, among other topics.“A few things are increasingly clear. Just as we saw customers accelerate their digital spend during the pandemic, we are now seeing them optimize that spend. Also, organizations are exercising caution given the macroeconomic uncertainty. And the next major wave of computing is being born as we turn the world’s most advanced AI models into a new computing platform.” (Jan. 24)Tesla Inc.…

The attorneys general said in a letter that the card companies’ plan could lead to the misuse of consumer data and wouldn’t protect the public. “Categorizing the constitutionally protected right to purchase firearms unfairly singles out law-abiding merchants and consumers alike,” their letter to the three companies says. The letter, a draft of which was reviewed by The Wall Street Journal, was sent Tuesday.…

Visa Inc., V 2.24% Mastercard Inc. MA 1.75% and American Express Co. AXP 3.20% will add a new merchant category for firearms retailers, a victory for gun-control advocates who have pressed the financial industry to do more to help curb mass shootings. The new merchant-category code was recently approved by an international entity that sets…

Visa Inc., Mastercard Inc. and American Express Co. should begin tracking gun sales and flagging suspicious purchases to law enforcement, similar to how financial institutions look out for money laundering, the attorneys general of New York and California said. The three leading credit-card companies should take a front-line role in trying to prevent mass shootings and reduce the risk of gun trafficking, California Attorney General…