Retail & Commercial

American Express Co. (AXP) on Wednesday reported third-quarter net income of $1.25 billion, up 1% from the same period a year ago, as customer spending grew worldwide.

American Express Co. on Wednesday reported third-quarter net income of $1.25 billion, up 1% from the same period a year ago, as customer spending grew worldwide.

KBW named 42 small banks it says will have loan growth that far outpaces their peers and the overall economy next year. But half of them probably won't translate that into big profits.

The industry must work much harder to restore its reputation after this year's scandals, HSBC USA CEO Irene Dorner said Tuesday, in a speech that was part rally and part reprimand to bankers.

American State Bancshares in Great Bend, Kan., has taken a small step towards its goal of becoming a $1 billion-asset company.

Under the proposal, card issuers could consider shared household income when approving credit card applications.

Visa is reportedly planning to name a new chief executive officer as early as this month.

Visa is reportedly planning to name a new chief executive officer as early as this month.

The Merrill Lynch litigation is settled, but an ongoing tiff with Fannie Mae means elevated repurchase claims could continue for several more quarters.

U.S. Bancorp in Minneapolis lowered its loan-growth expectations for the fourth quarter to reflect borrower uncertainty about the election, the fiscal cliff and the overall economic environment, CEO Richard Davis says.