Banco Popular de Puerto Rico

Discover Financial Services said Thomas Maheras will serve as its chairman after the death of Lawrence Weinbach.

Goldman Sachs Group Inc. signed a deal to take over General Motors' credit card portfolio.

American Express Chief Executive Steve Squeri said a majority of the company’s employees will work remotely through 2020 as it seeks to slow the spread of the coronavirus.

American Express Co., the largest U.S. credit-card issuer by purchases, said fourth-quarter profit fell 8.2 percent as expenses exceeded analysts’ estimates and the firm set aside more money to cover bad loans.

American Express Co. reported revenue that beat analysts’ estimates after a marketing campaign showed signs of encouraging more card spending after the loss of key partnerships.

UBS Group AG, Switzerland’s largest bank, plans to introduce a premium card this month as it seeks to strengthen ties with affluent Americans.

American Express Co. has struck back against Citigroup Inc., winning exclusive rights to issue credit cards for Hilton Worldwide Holdings Inc. and ending an agreement in which the two banks shared the business.

America’s largest lenders made an epic mistake a decade ago when they cashed out of Visa and Mastercard through initial public offerings, says Chenault, who will step down in February as CEO of American Express.

A string of cobrand credit card wins is getting expensive for American Express Co.

The U.S. charged 36 people in a takedown of an international cybercrime ring that prosecutors say used the slogan “In Fraud We Trust” and stole $530 million with the help of pilfered identities and malware.