The bank said in its annual report that anticipated store closings could reduce both new account acquisitions and purchase volume.

City sues seven banks for alleged price fixing on floating-rate bonds; analyst says “the most negative revelations are yet to come” in the 1MDB scandal.

The move, reported by The Wall Street Journal, could be part of a deeper foray into cobranded cards by Goldman, which has been expanding into consumer finance through its Marcus unit.

The agency has required restitution in just one of six settlements under its new director, raising questions about whether the pattern will continue.

The Michigan-based institution also awarded $315,000 in bonus reward points to members who use the CU's credit card.

While student, auto and credit card balances are at or near record levels, housing debt is shrinking, credit quality is weakening a bit and lending standards, at least in some sectors, are tightening.

Furniture retailers typically split payment for big-ticket items with a deposit and the balance due upon delivery, but the process is usually fraught with paperwork, security and efficiency gaps.

Martina Hund-Mejean will retire after more than a decade serving as chief financial officer at Mastercard.

While consumer spending on Valentine’s Day doesn’t approach that of the larger holidays, certain retailers — such as jewelers and florists — benefit more than others, while restaurants, bars and other dining establishments tend to see significantly more traffic for those couples who want an evening out. Increasingly, it’s also a special day for pets.

The moves are aimed at beefing up consumer lending and attracting deposits in markets where Citi has no branch presence.