Consumer banking

This Monday, July 22, 2019, photo shows Capital One mailing in North Andover, Mass. Capital One says a hacker got access to the personal information of over 100 million individuals applying for credit. The McLean, Virginia-based bank said Monday, July 29, 2019, it found out about the vulnerability in its system July 19 and immediately sought help from law enforcement to catch the perpetrator. (AP Photo/Elise Amendola)
July 29, 2019 - 10:06 pm
SEATTLE (AP) — A hacker gained access to personal information from more than 100 million Capital One credit applications, the bank said Monday as federal authorities arrested a suspect in the case . Paige A. Thompson — who also goes by the handle "erratic" — was charged with a single count of...
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This Monday, July 22, 2019, photo shows Capital One mailing in North Andover, Mass. Capital One says a hacker got access to the personal information of over 100 million individuals applying for credit. The McLean, Virginia-based bank said Monday, July 29, 2019, it found out about the vulnerability in its system July 19 and immediately sought help from law enforcement to catch the perpetrator. (AP Photo/Elise Amendola)
July 29, 2019 - 9:48 pm
SEATTLE (AP) — A hacker gained access to personal information from more than 100 million Capitol One credit applications, the bank said Monday as federal authorities arrested a suspect in the case . Paige A. Thompson — who also goes by the handle "erratic" — was charged with a single count of...
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FILE- In this July 17, 2018, file photo, a customer buys gas with a Visa credit card in Salem, N.H. Visa Inc. reports earnings Tuesday, July 23, 2019. (AP Photo/Elise Amendola, File)
July 23, 2019 - 6:02 pm
NEW YORK (AP) — Payment processor Visa Inc. said Tuesday that its fiscal third quarter profits rose by an adjusted 11% from a year earlier, as more consumers spent more on Visa credit and debit cards. The San Francisco-based company reported a profit of $3.10 billion, up from $2.33 billion last...
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FILE- In this July 17, 2018, file photo, a customer buys gas with a Visa credit card in Salem, N.H. Visa Inc. reports earnings Tuesday, July 23, 2019. (AP Photo/Elise Amendola, File)
July 23, 2019 - 5:26 pm
NEW YORK (AP) — Payment processor Visa Inc. is saying its fiscal third quarter profits rose by an adjusted 11% from a year earlier, as more consumers spent more on Visa credit and debit cards. The San Francisco-based company reported a profit of $3.10 billion, up from $2.33 billion last year. The...
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July 19, 2019 - 8:44 am
NEW YORK (AP) — American Express posted a 9% gain in second-quarter profits on Friday, helped by more of its cardmembers carrying a credit card balance and increased spending on its namesake cards. The New York company said it earned a profit of $1.76 billion, or $2.07 a share. That's up from...
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In this Monday, July 15, 2019 photo a customer departs a Bank of America ATM, in Norwood, Mass. Bank of America Corp. reports earnings Wednesday, July 17. (AP Photo/Steven Senne)
July 17, 2019 - 7:58 am
NEW YORK (AP) — Bank of America's second-quarter profits rose by 8% from a year earlier, the company said Wednesday, as the consumer banking giant has benefitted greatly from the rise in interest rates as well as consumers and businesses more willing to borrow. The bank earned $7.35 billion, or 74...
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In this July 10, 2019, photo a Wells Fargo building is shown in downtown Minneapolis. JP Morgan Chase reports financial results on Tuesday, July 16, 2019. Wells Fargo & Co. reports financial results on Tuesday, July 16. (AP Photo/Jim Mone)
July 16, 2019 - 12:54 pm
WASHINGTON (AP) — Wells Fargo reported better-than-expected earnings despite lower interest income in the second quarter, a potential concern for investors with a Fed interest rate cut likely on the horizon. Shares in the consumer banking giant slid in midday trading. Wells Fargo & Co., still...
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In this July 10, 2019, photo a Wells Fargo building is shown in downtown Minneapolis. JP Morgan Chase reports financial results on Tuesday, July 16, 2019. Wells Fargo & Co. reports financial results on Tuesday, July 16. (AP Photo/Jim Mone)
July 16, 2019 - 9:01 am
SAN FRANCISCO (AP) — Consumer banking giant Wells Fargo reported better-than-expected earnings for the second quarter on Tuesday, despite remaining under heavy restrictions by regulators for an assortment of scandals in recent years. The San Francisco-based bank reported second-quarter earnings of...
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This June 20, 2019, photo shows an existing home is offered for sale in Rutledge, Ga. On Thursday, June 27, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/John Bazemore)
June 27, 2019 - 12:13 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell this week. It was the seventh decline in the past nine weeks for the key 30-year, fixed-rate loan, which reached its lowest level since November 2016. Mortgage buyer Freddie Mac said Thursday the average rate on the benchmark 30-year mortgage...
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FILE - This April 13, 2019, file photo, shows rows of homes, in suburban Salt Lake City. On Thursday, June 6, Freddie Mac reports on this week’s average U.S. mortgage rates. (AP Photo/Rick Bowmer, File)
June 06, 2019 - 12:45 pm
WASHINGTON (AP) — U.S. long-term mortgage rates fell for the sixth consecutive week, with the key 30-year loan average running below 4% and at its lowest point since September 2017. The declining rates have been a boon to potential purchasers in the spring home buying season, and the number of...
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