Consumer banking

FILE - In this April 10, 2019, file photo, Goldman Sachs chairman and CEO David Solomon testifies before the House Financial Services Commitee during a hearing in Washington. Goldman Sachs said its first quarter earnings fell by 21% from a year earlier, hurt by a slowdown in trading. Solomon described the quarter as a "muted start to the year," in a written statement. (AP Photo/Patrick Semansky, File)
April 15, 2019 - 9:07 am
NEW YORK (AP) — Goldman Sachs said its first quarter earnings fell by 21% from a year earlier, hurt by a slowdown in trading. The investment bank earned a profit of $2.25 billion, or $5.71 a share, down from a profit of $2.83 billion, or $6.95 a share, in the same period a year earlier. The results...
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FILE- This March 23, 2018, file photo shows the entrance to Citibank at the Citigroup Center in downtown Los Angeles. Citigroup reports earnings Monday, April 15, 2019. (AP Photo/Richard Vogel, File)
April 15, 2019 - 9:04 am
NEW YORK (AP) — Banking conglomerate Citigroup said its first quarter profits rose by a relatively quiet 2% from a year earlier, as higher interest and investment banking revenues helped offset a decline in trading. Citi's results were similar to those of its Wall Street competitors, JPMorgan Chase...
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FILE - In this April 10, 2018, file photo, a customers uses a credit card machine to pay for food at Peli Peli Kitchen in Houston. Owner Thomas Nguyen had a change of heart after transitioning one of his three Peli Peli South African fine dining restaurants and his Peli Peli Kitchen fast casual location to a no-cash policy. (AP Photo/David J. Phillip, File)
April 12, 2019 - 3:16 pm
NEW YORK (AP) — Hembert Figueroa just wanted a taco. So he was surprised to learn the dollar bills in his pocket were no good at Dos Toros Taqueria in Manhattan, one of a small but growing number of establishments across the U.S. where customers can only pay by card or smartphone. Cash-free stores...
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FILE- In this Jan. 22, 2018, file photo a shopper scans an Amazon Go app on a cellphone while entering an Amazon Go store in Seattle. A small number of restaurants and stores are going cash-free in the U.S., looking to cater to customers who increasingly pay with a card or smartphone. But a backlash is growing against the practice that some say discriminates against those who lack back accounts or rely on cash for most of their daily transactions. (AP Photo/Elaine Thompson, File)
April 12, 2019 - 3:13 pm
NEW YORK (AP) — Hembert Figueroa just wanted a taco. So he was surprised to learn the dollar bills in his pocket were no good at Dos Toros Taqueria in Manhattan, one of a small but growing number of establishments across the U.S. where customers can only pay by card or smartphone. Cash-free stores...
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FILE - In this Dec. 14, 2007 file photo, a traveler uses a Delta SkyMiles credit card to buy an airline e-ticket at the Bob Hope Airport in Burbank, Calif. American Express and Delta Airlines extended their credit card partnership through 2029, the companies jointly announced Tuesday, April 2, 2019, a significant extension of one of the larger financial partnerships between a major U.S. airline and a credit card company. Delta also raised its outlook for first-quarter profit, helping to lift its shares and the shares of other airlines. (AP Photo/Damian Dovarganes, File)
April 02, 2019 - 4:20 pm
NEW YORK (AP) — American Express and Delta Air Lines extended their credit card partnership through 2029, the companies jointly announced Tuesday, a significant extension of one of the larger financial partnerships between a major U.S. airline and a credit card company. Separately, Delta raised its...
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FILE- In this Monday, March 25, 2019, file photo, Jennifer Bailey, vice president of Apple Pay, speaks about the Apple Card at the Steve Jobs Theater during an event to announce new products in Cupertino, Calif. Apple is hoping a credit card will entice more iPhone owners to use Apple Pay. (AP Photo/Tony Avelar, File)
March 26, 2019 - 7:08 pm
Apple is rolling out a credit card that it says is designed to do things no other card can. So how does it actually stack up? It looks different from a traditional credit card — there's no number on the front and the users' name is etched in metal. The card expands the company's digital Apple Pay...
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Apple CEO Tim Cook speaks at the Steve Jobs Theater during an event to announce new products Monday, March 25, 2019, in Cupertino, Calif. (AP Photo/Tony Avelar)
March 25, 2019 - 2:37 pm
CUPERTINO, California (AP) — Apple announced a new streaming service, Apple TV Plus, which will house its original shows and movies and could compete with Netflix, Amazon and cable TV itself. Apple is making the announcements at its Cupertino, California, headquarters, in a Monday event studded...
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Wells Fargo CEO Timothy Sloan is questioned by the House Financial Services Committee about revelations the bank had created millions of fake bank accounts to reach their financial goals, on Capitol Hill in Washington, Tuesday, March 12, 2019. (AP Photo/J. Scott Applewhite)
March 12, 2019 - 2:25 pm
WASHINGTON (AP) — The CEO of beleaguered Wells Fargo told Congress Tuesday that the bank has cleaned up its act after a series of scandals that affected millions of customers. But Democrats — and some Republicans — on the House Financial Services Committee didn't seem to be buying it. Wells Fargo...
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This Wednesday, Feb. 20, 2019, photo shows logos for credit cards in Zelienople, Pa. On Thursday, March 7, the Federal Reserve releases its January report on consumer borrowing. (AP Photo/Keith Srakocic)
March 07, 2019 - 4:07 pm
WASHINGTON (AP) — Consumer borrowing rose at a slightly faster pace in January as borrowing on credit cards rebounded after a slowdown in December. Borrowing increased by $17.05 billion in January after a $15.36 billion December gain, the Federal Reserve reported Thursday. The increase reflected...
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FILE- This Nov. 29, 2018, file photo shows a Wells Fargo bank location in Philadelphia. Wells Fargo customers are experiencing issues with accessing online or mobile banking as well as other banking services, after a fire happened at one of the bank’s data centers. (AP Photo/Matt Rourke, File)
February 07, 2019 - 7:07 pm
NEW YORK (AP) — Smoke at one of Wells Fargo's data centers left some of the bank's customers without access to online or mobile banking as well as accessing cash from ATMs on Thursday. Wells Fargo said workers discovered the problem following routine maintenance. "We're working to restore all our...
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