Latest Consumer Bankers Association News & Updates

New Delhi, Jan 13 (IANS) Shares of major US card issuers and banks, including American Express, have tumbled after President Donald Trump called for a cap on credit‑card interest rates at 10 per cent for a year.American Express fell about 4.28 per cent to $359 and Capital One plunged 6.4 per cent, its largest drop in nine months. American Express Co shares are down 5.33 per cent in the past five days.Citigroup declined 3 per cent, Wells Fargo eased 1 per cent and Synchrony Financial plunged 8….