Capital One Financial Corp. is among the cheapest U.S. bank stocks, even as Federal Reserve data show the company is better-equipped than JPMorgan Chase & Co. and Wells Fargo & Co. to withstand a severe economic slump.
Discover Financial Services , the payments processor whose stock has outgained three bigger rivals, may get another boost after the largest U.S. mobile carriers chose its network for a new venture, analysts said.
It’s been a rough three years for banks, securities firms and insurers -- even rougher for the analysts whose job it is to predict how the stocks of these firms will perform, Bloomberg Markets reports in its November issue.
MasterCard Inc.’s approach to making bank-card transactions more secure could give it a competitive edge, analysts said after Target Corp. awarded its portfolio to the company yesterday over larger rival Visa Inc.
MasterCard Inc. , the world’s second- biggest payments network, said it will acquire prepaid card- management assets from Travelex Holdings Ltd. for 290 million pounds ($458 million) to expand in one of the fastest growing segments of the charge-card market.