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Private equity firm now wants to walk away from investment in corporate travel business
Credit card giant sets aside $1.7bn to cover losses and warns more will be needed
Fears over coronavirus effects have battered share prices, especially for card lenders
Discover and Synchrony also hit by impact of new accounting rule
Second-quarter results show quickening growth in purchases
American Express blocks customers from using the all-in-one payment card
Card-member rewards added to the company’s 4Q expenses
Activist reveals a new investment and offers to settle an older dispute
Decision is first time China has granted such a licence to a foreign-based group
Main battle over rules imposed on merchants begins next year
Spending is up, but concern is growing over credit quality and profitability
New accounting rules force conglomerate to recognise portfolio gains
Rules in the EU and Australia bite even as company celebrates US Supreme Court victory
Trump appointee says ‘great efficiencies’ can come from large groups buying smaller rivals
This decision will make it harder to bring even basic antitrust complaints
Credit card group can block vendors from steering customers to cheaper payment methods
Chenault’s General Catalyst funds Nova Credit to help new arrivals in US get credit
Financial infrastructure is a strategic asset and regulatory challenge
Results reveal push to lure customers with more generous rewards and increased lending
New chief pushes for higher revenues by opening up more venues for customers
Proposed tie-up pushes UK group’s shares 50% higher
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