Shares of credit card transaction technology company Total System Services jump on reports it has engaged in preliminary merger talks with electronic payment technology company Global Payments.
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Mastercard reports better-than-expected earnings and revenue amid strong transaction volumes and a boost from new products and services.
Liquid assets are any assets you own that can be quickly converted to cash.
Citigroup's network of 689 bank branches in the U.S. and Canada looks paltry compared with JPMorgan Chase's 5,000-plus web and Bank of America's 4,353 locations. So the bank is using its online bank to lure new customers - with juicy yields on savings accounts.
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