The deal signals MasterCard's continued penetration of international payments and point-of-sale markets.
Comerica bank is forced to cut expenses in response to falling second-quarter profits and a troubled energy loan portfolio.
Still, Bank of America, the nation’s second largest bank, beat analysts' earnings-per-share estimate, as it reduced expenses and grew its loan book.
A sputtering economy, a contraction in trade, and political uncertainty are having an impact on U.S. business investment, says the ELFF.
The liquidity support was approved under the EC’s 'extraordinary crisis rules for state aid to banks.'
The legislation passed Wednesday establishes a board to oversee Puerto Rico's finances, including a restructuring of its $72 billion debt.
Regulators decide the finance firm is no longer "systemically important," recognizing GE's extensive divestitures of non-core assets.
An internal review also found loans made to LendingClub's former CEO and his family that were originated to boost reported loan volume.
The United Kingdom thrived as an EU member, and leaving will destabilize the economy and the country's finances, says S&P.
Britain's vote to leave the EU could put a dent in the Fed's plans to raise interest rates again this year.