The Latest

Nintendo is known for taking an experimental approach to making video games, and this same mindset carries over to how it handles money. The company's hardware, software and business strategies show a forward-thinking strategy for payment acceptance.

U.S. Bancorp in Minneapolis reported higher quarterly profit boosted by increased fee revenue from credit and debit cards.

Wells Fargo & Co., the world's most valuable bank, posted second-quarter profit that matched analysts' estimates as the firm increased loans and collected more fees from credit cards.

Risk management is not limited to assessing potential successes and failures of everyday business. Strategic risk management is just as important.

U.S. Bancorp in Minneapolis reported higher quarterly profit boosted by increased fee revenue from credit and debit cards.

First Horizon National in Memphis, Tenn., reports solid quarterly results on the strength of revenue growth.

Mixed Bag for Citi, Wells Q2 Earnings

PNC Financial Services Group in Pittsburgh reported lower quarterly profit that reflected a decline in asset management fees and Volcker Rule-mandated devaluation of some investments.

Wells Fargo & Co., the world's most valuable bank, posted second-quarter profit that matched analysts' estimates as the firm increased loans and collected more fees from credit cards.

Citigroup Inc. said second-quarter profit fell 17 percent on lower revenue from consumer banking, beating analysts' estimates as fixed-income trading rebounded and the firm dedicated less money to soured loans.