American Express Sues Rivals
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American Express said it was suing Visa USA and MasterCard International, along with eight banks, for damages stemming from anticompetitive practices that prevented American Express from issuing cards through US banks.
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NEW YORK, Nov. 15 /PRNewswire-FirstCall/ -- American Express Company today filed a lawsuit against Visa, MasterCard and eight major banks that are members of the two card associations.
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Wachovia Corp , the  fourth-largest U.S. bank, is fighting a lawsuit accusing it of  letting fraudulent telemarketers use its accounts to bilk  millions of dollars from the bank's customers, court papers  show.
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The New York attorney general filed a lawsuit today accusing the world's largest insurance broker of cheating its customers by rigging bids for the coverage they bought.
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The Supreme Court on Monday let stand a ruling that the Visa and MasterCard credit card associations violated federal antitrust law by barring their member banks from issuing credit and charge cards on the rival American
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The Supreme Court on Monday let  stand a ruling that the Visa and MasterCard credit card  associations violated federal antitrust law by barring their  member banks from issuing credit and charge cards on the rival  networks of American Express Co. AXP.N and Morgan Stanley.  MWD.N.
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Credit card company American Express Co  said on Thursday that a slowdown in cardholder spending and rising delinquencies would lead to a quarterly pretax charge of about $440 million.
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Mastercard wins a US lawsuit against Fifa which wanted to end its World Cup sponsorship deal in favour of rival Visa.
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NEW YORK -- UBS AG was sued by New York State over allegations that Europe's largest bank defrauded thousands of brokerage clients out of tens of millions of dollars by steering them into costly accounts they didn't need.
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Minnesota&#39;s attorney general yesterday sued two subsidiaries of Capital One Financial Corp., contending that their &quot;No Hassle&quot; credit card ads were false, deceptive and misleading because
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The stun gun maker delivers a lawsuit to a would-be rival.
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American Express&#39; restructuring charge includes approximately US$80 million to $90 million in employee severance and approximately $20 million to $30 million in other costs mostly related to the early end of leases.
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State Attorney General Eliot Spitzer sued the world&#39;s largest insurance broker and lodged criminal charges against two insurance executives, accusing the brokerage of taking improper payments to steer business to certain companies.
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Securities regulators are suing the management team behind the rapid rise and fall of online credit lender NextCard Inc., alleging the company&#39;s top executives cooked the books and then scrambled to sell their stock before the ruse unraveled into
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Citigroup Inc. was sued by Bank of New York Co. over the sale of securities linked to Enron&#39;s creditworthiness, a newspaper reported Thursday.
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NEW YORK - Bank of America Corp. , the second-largest US bank, was sued yesterday by two Massachusetts customers who accused it of deceiving depositors into renewing certificates of deposit at below-market rates.
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Travel- and financial-services giant American Express Co. sued Visa and MasterCard yesterday as well as eight banks for damages stemming from anti-competitive practices that prevented American Express from issuing cards through US banks.