Capping credit-card interest rates as President Donald Trump has demanded could tip the US economy into a recession, ...
(Bloomberg) -- JPMorgan Chase & Co., Capital One Financial Corp. and shares of other US banks sank after President Donald Trump called on credit-card companies to cap interest rates at 10% for a year.
Banks and credit card payments processors tumbled early Monday after President Donald Trump over the weekend announced plans to cap credit card interest rates. Synchrony FinancialSYF and Capital ...
Capital One shares dropped more than 6% on Monday after President Donald Trump targeted a key way that our favorite credit card issuer makes money. The weakness in Capital One followed Trump's call ...
Financial services stocks including Capital One, Synchrony, Citigroup, JPMorgan Chase and Bank of America slid in early trading on Monday. It follows U.S. President Donald Trump's call for a 10%, ...
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