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

Moves to trim capital cushions while boosting payouts is worrying, say some observers

Credit card issuer posts quarterly loss

Boards will always need to apply judgment and a sense of proportion