United Kingdom

David Henry

Worldpay charges, disclosed in fine print, anger small U.S. merchants

23 Aug 2019

NEW YORK Mark VenHuizen, the comptroller of a family business which sells parts for boat engines in Florida, says he has complained three times to Worldpay Inc since 2016 for tacking on extra fees to process his customers' credit and debit card payments without clearly telling him about it.

U.S. banks limp away from hopes of interest margin expansion

07 Aug 2019

NEW YORK Big U.S. banks are under pressure again, as policymakers around the globe have dashed any hopes that the industry might finally be able to earn more money on loans, after more than a decade of rock-bottom interest rates.

Capital One customer data breach rattles investors

30 Jul 2019

Capital One Financial Corp's assurances that a major data breach would have a limited impact on customers or profit failed to convince investors on Tuesday, with the bank's shares closing down 5.9%.

JPMorgan beats profit estimates but shows signs of pressure

16 Jul 2019

JPMorgan Chase & Co reported a quarterly profit that beat estimates on Tuesday as higher interest income and consumer lending offset lower activity at its trading desks.

JPMorgan shuffles CFO and card services executives

18 Apr 2019

NEW YORK JPMorgan Chase & Co shuffled the jobs of two of its most senior women executives on Wednesday, moving Chief Financial Officer Marianne Lake to a role leading consumer lending and naming the head of card services Jenn Piepszak to replace her.

JPMorgan's solid quarterly profit beats back recession fears

12 Apr 2019

JPMorgan Chase & Co posted a better-than-expected quarterly profit on Friday, easing fears that slowing economic growth could weigh on its results. | Video

Wells Fargo CEO Tim Sloan steps down

29 Mar 2019

Wells Fargo & Co said on Thursday Tim Sloan will resign immediately as chief executive, becoming the second CEO to leave the bank in the fallout of a wide-ranging sales practices scandal. | Video

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