loans

Goldman Earnings: Consumer Loan Net Charge-Offs Reach 8.4%
Goldman Earnings: Consumer Loan Net Charge-Offs Reach 8.4%
April 15, 2024  |  Earnings

Goldman Sachs posted earnings on Monday (April 15) that illuminated a continued focus on Wall Street activities, while the firm continues to exit consumer-related banking...

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Citigroup Watches Spending; Sees Digital Engagement Rising
Citigroup Watches Spending; Sees Digital Engagement Rising
April 12, 2024  |  Earnings

Citigroup’s latest results took note of continued spending on credit cards but there were some notes of caution in the mix. The earnings materials detailed...

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Wells Fargo Sees Brighter Days for US Consumer Spending
Wells Fargo Sees Brighter Days for US Consumer Spending
April 12, 2024  |  Earnings

The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending. While Wells Fargo didn’t post...

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Wall Street Banks Regaining Share of Financing Deals
Wall Street Banks Regaining Share of Financing Deals
April 10, 2024  |  Loans

Wall Street banks are reporting gaining back some of the share of financing deals they had lost to alternative-asset fund managers, insurers and other private credit....

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PSCU/Co-op Solutions Launches Digital Lending Suite
PSCU/Co-op Solutions Launches Digital Lending Suite
April 10, 2024  |  Credit Unions

PSCU/Co-op Solutions has teamed with Amount to launch a digital lending suite. The suite, dubbed Origination Solutions, is now in the pilot stage with two credit unions, the...

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Bank Earnings May Highlight Volatile Consumer Spending
Bank Earnings May Highlight Volatile Consumer Spending
April 09, 2024  |  Earnings

Friday marks the beginning of earnings season. And, as is always the case, every three months, the big banks will give a glimpse into the...

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Small Businesses Eye Inflation as Top Concern
Small Businesses Eye Inflation as Top Concern
April 09, 2024  |  SMBs

Inflation is top of mind for the small businesses that power Main Street and the U.S. economy at large. Small business optimism hit its lowest...

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34% of SMB Execs Say Loan Costs Are a Concern  
34% of SMB Execs Say Loan Costs Are a Concern  
April 08, 2024  |  SMBs

From time to time, most small and medium-sized businesses (SMBs) find themselves having to borrow money to meet short-term needs or unexpected expenses. But as...

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Biden Offers New Debt Relief to Student Loan Borrowers
Biden Offers New Debt Relief to Student Loan Borrowers
April 08, 2024  |  Loans

The White House has unveiled its latest effort to offer relief to student loan borrowers. The plan, President Joe Biden announced Monday (April 8), targets borrowers who...

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