Credit Card news from FierceFinance

Heidi Montag Says No to Plastic from Heidi Montag... Read more...

It's no secret that banks have a lot of revenue to make up; overdraft fee (overdraft fee news) revenue has no place to go but down. You've got to make up that revenue somehow, and more banks are... Read more...

Credit cards (credit card news) looked like easy money not too long ago. Just look at the rates such cards carry. The notion of easy money was validated when Warren Buffet dreamed of a way to get... Read more...

New legislation aims to end a lot of controversial practices that exploded in the news recently. Gone perhaps are the days of massive (percentage-wise) fees for over-drawing accounts. Gone are the... Read more...

Morgan Stanley's (MS) fourth quarter results were underwhelming to say the least. The bank earned 29 cents a share on $6.8 billion in revenue. That lagged analysts' expectations of 36 cents on $7.8... Read more...

When Kohlberg Kravis Roberts announced its $29 billion deal for First Data back in April of 2007, it was one in a string of big-name private equity deals. The market reacted giddily, bidding up... Read more...

In a fascinating article on the credit and debit card industry, the New York Times looks at a little-known aspect of the card game: The differing fees imposed by card companies--Visa is the big... Read more...

Bank of America (BAC) has announced it will send concise, plain language explanations of interest rates, balance transfers, advances and a summary of all fees for all its card customers. This was... Read more...

The Credit Card Accountability, Responsibility, and Disclosure (CARD) Act is already having a palpable impact on the industry. The new rules go into effect in the February-March 2010 time frame, and... Read more...

While Goldman Sachs (GS) can crow that it paid back its TARP funds nd delivered a solid return to taxpayers, Citigroup (C) can make no such boast--at least not yet. Instead it has accepted a 34... Read more...