Recent challenges in key markets, particularly China and the Middle East, have significantly impacted sales for major corporations like Procter & Gamble, which reported a 1% decline in first-quarter net sales, to $21.7 billion, reflecting the effects of a sluggish Chinese economy and ongoing geopolitical tensions...
Discover Financial Service’s third-quarter earnings results offered evidence that an acquisition by Capital One is on track. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
Four regional banks said Thursday (Oct. 17) that credit quality remained strong in the third quarter, while reporting mixed results in terms of growth in lending and deposits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
After weathering volatility in recent years, banks can now deploy excess capital, signaling confidence in their long-term growth prospects. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
US Bancorp’s latest quarter showed continued growth in card balances, resilience in what it has termed its “differentiated business model” and credit quality metrics that were in line with expectations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
In uncertain times, certainty pays off. And in uncertain times, many consumers tend to look for certainty in the financing options they have available to them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Citigroup’s earnings Tuesday (Oct. 15) echo the sentiment of other banks that have reported in the past few days: Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
Interest rate cuts might have been on the mind of the Wall St. analysts gathered for the Bank of America third-quarter earnings call today (Oct. 15), but digital transformation and healthy consumer spending turned out to be the stars of the show. Get the Full...
PNC Financial Services Group said Tuesday (Oct. 15) that it is prepared for lending to pick up after the Federal Reserve cut interest rates in September. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
