Fraudsters are posing as legitimate customers of a bank asking for permission to use a card issued by that bank in Apple Pay.
Citi has now sold more than 60 businesses and reduced assets in its "bad bank" Citi Holdings by more than $700 billion.
Banco Popular bought $3.25 billion of Doral's assets and paid the FDIC a premium of 1.59% for the failed Puerto Rican bank’s deposits.
A Los Angeles community voices its concern over the $3.4 billion banking deal.
The beverage company sold 8.5 billion euros worth of bonds, the largest ever by a U.S. issuer.
Shareholder Standard General has the lead bid, and a bankruptcy court has approved its use of "credit-bidding" to buy some of RadioShack's stores.
"We’re still on a journey to simplify the firm. I don’t rule out that we might make more disposals,” says CEO Stuart Gulliver.
A new compromise deal to extend the euro zone bailout is approved by European finance ministers.
The spread on a one-year swap contract to insure against a Sears default rose significantly this week.
The Experian/Moody’s Analytics Small Business Credit Index shows credit balances growing and delinquency rates dipping to cyclical lows.