Financials

An organization of 25 U.S. banks this week started the first new payment clearance and settlement system for the United States in more than 40 years.

Marissa Mayer, former CEO of Yahoo! and Richard Smith, former CEO of Equifax, are on the hot seat again.

Marissa Mayer, former CEO of Yahoo! and Richard Smith, former CEO of Equifax, are on the hot seat again.

American International Group swung to a quarterly loss as the property and casualty insurer booked huge catastrophe losses, and said it set aside $836 million to meet losses related to prior-year accident claims.

'An act of terror' is how New York City's mayor described the truck attack that claimed eight lives and injured several more.

'An act of terror' is how New York City's mayor described the truck attack that claimed eight lives and injured several more.

Insured property losses from wildfires that raged through Northern California wine country this month, killing at least 42 people and destroying thousands of businesses and homes, could total $2 billion to $3 billion, a risk-modeling firm said on Thursday.

Barclays on Thursday announced an increase in third-quarter net profit, helped by a fall in conduct and operating costs.

Barclays on Thursday announced an increase in third-quarter net profit, helped by a fall in conduct and operating costs.

The ride-hailing giant is unveiling a no-fee, co-branded credit card with British bank Barclays.

The ride-hailing giant is unveiling a no-fee, co-branded credit card with British bank Barclays.

Visa, the world's largest payments network operator, reported an 11 percent increase in fourth-quarter profit on Wednesday, driven by its purchase of Visa Europe and as more people made payments using its network.

Visa, the world's largest payments network operator, reported an 11 percent increase in fourth-quarter profit on Wednesday, driven by its purchase of Visa Europe and as more people made payments using its network.

Goldman Sachs is ramping up its private-equity investments and going after smaller, high-growth targets as part of a broad plan to offset recent trading declines, three people familiar with the effort told Reuters.

Goldman Sachs is ramping up its private-equity investments and going after smaller, high-growth targets as part of a broad plan to offset recent trading declines, three people familiar with the effort told Reuters.

In its first offering of online bank accounts, JPMorgan Chase on Monday launched a new smartphone app that it hopes will attract new depositors, many of whom are young and may live far from any of its branch offices.

In its first offering of online bank accounts, JPMorgan Chase on Monday launched a new smartphone app that it hopes will attract new depositors, many of whom are young and may live far from any of its branch offices.

U.S. stocks were poised to finish the week on a strong note, with major stock indices hovering near record highs, receiving another boost on Friday after the Senate passed a budget blueprint for the next fiscal year.

U.S. stocks were poised to finish the week on a strong note, with major stock indices hovering near record highs, receiving another boost on Friday after the Senate passed a budget blueprint for the next fiscal year.

GE is the third-largest owned stock among institutional investors.