Skip navigation

JPMorgan names Barry Sommers to head consumer bank

(Reuters) - JPMorgan Chase <JPM.N> said it has appointed Barry Sommers, under whom the bank expanded its services to wealthy clients, to head its Chase consumer bank business. Full story

Visa to lower some card fees in EU antitrust probe

The European Union says Visa has agreed to reduce some credit card payment fees significantly to address concerns raised by the bloc's antitrust authority. Full story

Visa shares soar on strong 2Q

Visa shares hit an all-time high Thursday after reporting a much stronger fiscal second quarter than anticipated. Full story

Thursday's Earnings Scorecard

   The "Earnings Squad" dissects the earnings stories you may have missed. Today, a look at Visa, Generac, and Estee Lauder, with CNBC's Melissa Lee, Herb Greenberg, and Mary Thompson.

Visa card use up but 2Q profit slips nearly 2 pct

Visa Inc. said Wednesday that its net income slipped nearly 2 percent in the first three months of this year from the year before, when the company benefited from an adjustment to its income tax provision. Full story

News Summary: Visa posts lower 2Q net income

LOWER PROFIT: Visa's net income fell nearly 2 percent in the January-March quarter from the same period last year, when the payments processing company benefited from an adjustment to its income tax provision. Full story

Sponsored Links

Articles

Visa enjoys upbeat quarter, MasterCard lags

Earnings Preview: Visa reports fiscal 2Q earnings

WikiLeaks claims victory in Iceland court case

Retail trade group to opt out of $7.2 billion credit card-fee pact

Visa CEO calls digital wallet fee on PayPal "appropriate"

ATM Hackers Swipe $11 Million in Coordinated Christmas Heists

Visa profit beats as card payments accelerate

RIM's mobile payment solution gets thumbs up from Visa

Visa, MasterCard Settlement: What You Need to Know

Video

  Immigration Reform Closer?

An agreement with labor and business groups on a Visa program for low-skilled workers may be closer than ever. Rep. David Schweikert (R-AZ); Christy Setzer, New Heights Communications; and conservative strategist Ron Meyer, discuss. Also, a look at som...

  Visa Earnings Out

Visa reported Q1 earnings per share of $1.82 and revenue of $2.85 billion. Gil Luria, Wedbush Securities, shares his reaction to the company's double beat.

  Thompson Clip

Visa reports fourth quarter earnings and American Express will discuss its own restructuring today, reports CNBC's Mary Thompson.

  Boorstin Earnings Preview

CNBC's Julia Boorstin reports which financial, media and energy companies are reporting earnings next week. Visa, Disney and Anadarko are among the names.

  Credit Card Users: Brace for 'Checkout Fees'?

A look at brand new checkout fees Visa and MasterCard users could be facing, with CNBC's Kayla Tausche. Courtney Reagan says retailers understand additional charges will not make consumers happy.

advertisement | ad info

Related Photos

A coffee shop displays signs for Visa, MasterCard and Discover in Washington
A coffee shop displays signs for Visa, MasterCard and Discover in Washington

A coffee shop displays signs for Visa, MasterCard and Discover, in Washington, May 1, 2013. REUTERS/Jonathan Ernst

A Visa logo is seen during the International CTIA WIRELESS Conference & Exposition in New Orleans, Louisiana
A Visa logo is seen during the International CTIA WIRELESS Conference & Exposition in New Orleans, Louisiana

A Visa logo is seen during the International CTIA WIRELESS Conference & Exposition in New Orleans, Louisiana May 9, 2012. REUTERS/Sean Gardner

File photograph of a Visa sign on a cashier's desk at a restaurant in Yangon
File photograph of a Visa sign on a cashier's desk at a restaurant in Yangon

A Visa sign is seen on a cashier's desk at a restaurant in Yangon in this January 31, 2013 file photograph. Visa Inc's first-quarter profit rose 30 percent, the company reported February 6, 2013, and the world's largest credit- and debit-card network authorized a new $1.75 billion share repurchase