Financials

Visa's Earnings Beat Estimates, Shares Rise

Visa Inc, the world's largest payments network operator, reported better-than-expected quarterly earnings and said it expects full-year profit at the high-end of its forecast, as it reaps the benefits of its purchase of Visa Europe.

Fed's Powell Suggests Streamlining Bank Stress Tests

The Federal Reserve could streamline the stress-testing process for banks and might consider making banks submit plans less frequently for how they would handle bankruptcy, Fed Governor Jerome Powell said on Thursday.

Fed's Powell Suggests Streamlining Bank Stress Tests

The Federal Reserve could streamline the stress-testing process for banks and might consider making banks submit plans less frequently for how they would handle bankruptcy, Fed Governor Jerome Powell said on Thursday.

AmEx Profit Tops Estimates as Card Members Spend More

American Express Co on Wednesday posted a better-than-expected first-quarter profit, helped in part by higher spending by card members, and the company's shares rose 2.3 percent in trading after the bell.

AmEx Profit Tops Estimates as Card Members Spend More

American Express Co on Wednesday posted a better-than-expected first-quarter profit, helped in part by higher spending by card members, and the company's shares rose 2.3 percent in trading after the bell.

Ant Financial Hikes MoneyGram Offer by 36%

China's Ant Financial has sweetened its bid for MoneyGram International Inc by 36 percent, beating a rival offer to gain approval from the U.S. electronic payment firm's board.