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Credit Cards

Citigroup Reports Surprise Fall in Quarterly Revenue

January 15th, 2019031 According to the news report by CNBC, Citigroup, the parent company of Citibank, was the first of the major American banks to release its quarterly earnings results....

Credit Cards

Australian Bank Investors Reject Compensation Packages for Executives

December 19th, 2018027 According to the news report by Bloomberg, Australian investors have run out of patience with the big banks in the country, thanks to scandals as well as plummeting...

Credit Cards

MasterCard Increases Quarterly Dividends

December 5th, 2018042 According to the news report by MarketWatch, MasterCard Inc. announced on Tuesday that it was increasing its quarterly dividend from 24 cents per share to 33 cents per...

Credit Cards

Danske Bank’s Legal Troubles Worsen

August 8th, 2018070 According to the news report by Bloomberg, Danske Bank’s legal troubles are only getting worse. Danish prosecutors announced on Monday that they were opening a...

Credit Cards

David Solomon to be New Goldman Sachs CEO

July 18th, 2018149 According to the news report by Bloomberg, Goldman Sachs finally selected its next Chief Executive Officer. After more than a year of speculation and maneuvering, the...

Credit Cards

Barclays CEO Fined Over Whistleblower Scandal

May 12th, 2018049 According to the news report by Bloomberg, the Chief Executive Officer of Barclays Bank, Jes Staley was penalized £642,430 (or $870,557) by regulators in the UK for...

Credit Cards

Goldman Sachs and Wells Fargo Eyeing Credit Card Segment

May 9th, 2018054 According to the latest news from Bloomberg, two of the biggest banks in the United States, Goldman Sachs Group Inc. and Wells Fargo & Co. are on the verge of...

Credit Cards

HSBC Unveils $2 Billion Share Buyback

May 4th, 2018047 According to Reuters, HSBC is looking to mollify investors with a huge share buyback of over $2 billion. The bank announced that there is an unexpected 4 percent drop in...

Credit Cards

Tips for Getting Your First Credit Card

June 20th, 2017388 Getting your first credit card can be an exciting moment in your life. But it’s also very important in building your credit history. When someone turns 18, one of...

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American Express Misses Wall Street Estimates