Financials

Wal-Mart Stores Inc. said it would stop accepting cards from Visa Inc. in its 16 stores in the Canadian province of Manitoba on Oct. 24, representing an escalation in its fee fight with the card network.

J.P. Morgan Chase & Co. (NYSE:JPM) became the biggest U.S. bank by market value on Tuesday, surpassing Wells Fargo & Co (NYSE:WFC).

J.P. Morgan Chase & Co. (NYSE:JPM) became the biggest U.S. bank by market value on Tuesday, surpassing Wells Fargo & Co (NYSE:WFC).

U.S. Treasury Secretary Jack Lew said on Tuesday federal regulators were correct to punish Wells Fargo & Co for setting up sham accounts without customers' knowledge, but stopped short of calling for a clawback of pay from the head of the unit where the wrongdoing took place.

U.S. Treasury Secretary Jack Lew said on Tuesday federal regulators were correct to punish Wells Fargo & Co for setting up sham accounts without customers' knowledge, but stopped short of calling for a clawback of pay from the head of the unit where the wrongdoing took place.

Wells Fargo & Co. said it will eliminate all product sales goals in its retail banking operations in January as it works to rebuild trust after allegedly allowing its employees to open accounts without customers' knowledge to meet targets.

Wells Fargo & Co. said it will eliminate all product sales goals in its retail banking operations in January as it works to rebuild trust after allegedly allowing its employees to open accounts without customers' knowledge to meet targets.

The House Financial Services Committee is expected to pass a revamp of the Dodd-Frank Wall Street reform law, but the bill is not anticipated to receive President Barack Obama's signature.

The House Financial Services Committee is expected to pass a revamp of the Dodd-Frank Wall Street reform law, but the bill is not anticipated to receive President Barack Obama's signature.

Opening arguments are set to begin on Tuesday in the trial of former American International Group Inc chairman Maurice "Hank" Greenberg over accounting fraud at the insurance giant some 16 years ago.

Opening arguments are set to begin on Tuesday in the trial of former American International Group Inc chairman Maurice "Hank" Greenberg over accounting fraud at the insurance giant some 16 years ago.

J.P. Morgan Chase & Co. Chairman and Chief Executive Officer James Dimon said he favors increasing interest rates "sooner rather than later," saying the economy can handle a modest increase.

J.P. Morgan Chase & Co. Chairman and Chief Executive Officer James Dimon said he favors increasing interest rates "sooner rather than later," saying the economy can handle a modest increase.

Just three weeks shy of the October 1 anniversary of adopting EMV (Europay, Mastercard and Visa (NYSE:V)) technology, also known as the chip card, Mastercard (NYSE:MA) has released fresh data showing the growth in the new payment technology.

Just three weeks shy of the October 1 anniversary of adopting EMV (Europay, Mastercard and Visa (NYSE:V)) technology, also known as the chip card, Mastercard (NYSE:MA) has released fresh data showing the growth in the new payment technology.

Wells Fargo and Amazon terminated their private student loan partnership last week without explanation. Learn why senators stopped the program.

Wells Fargo and Amazon terminated their private student loan partnership last week without explanation. Learn why senators stopped the program.

Wells Fargo on Thursday reached a settlement with the Los Angeles prosecutor and federal regulators who accused the lender of pushing customers into multiple, fee-generating accounts that they never requested.

MasterCard Inc. is facing a damages claim of GBP14 billion ($18.72 billion) on behalf of U.K. consumers who were allegedly charged higher prices because of the card giant's high swipe fees.

MasterCard Inc. is facing a damages claim of GBP14 billion ($18.72 billion) on behalf of U.K. consumers who were allegedly charged higher prices because of the card giant's high swipe fees.