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Wells CFO Not Losing Sleep Over Rising Consumer Debt

Wells CFO Not Losing Sleep Over Rising Consumer Debt
Wells CFO Not Losing Sleep Over Rising Consumer Debt
November 16, 2017  |  Debt

Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. 15) that he isn’t concerned consumers are having a tough...

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Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove
Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove
July 31, 2017  |  Today In Data

Most of the drama this week was in Washington. The healthcare debate turned into something that was one aria short of a full-blown opera, and...

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Capital One Beats Street on Higher Credit Card Balances, Interest Rates
Capital One Beats Street on Higher Credit Card Balances, Interest Rates
July 21, 2017  |  News

Boosted by increases in its credit card portfolio and interest rates,  Capital One Financial beat estimates for the second quarter. Get the Full Story Complete...

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Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
July 19, 2017  |  Consumer Finance

A new survey has found that a divide is emerging over how Americans feel about their ability to pay down debt, with the poorest Americans...

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Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
July 14, 2017  |  Earnings

Wells Fargo, trying to bounce back from a scandal involving falsified accounts, and any number of hits to its reputation since late 2016, posted results...

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U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

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Online Fraud Detection Sizzles, iPhone Shares Fizzle — And Some Upbeat Economic News
Online Fraud Detection Sizzles, iPhone Shares Fizzle — And Some Upbeat Economic News
June 02, 2017  |  Exclusive Series

Sizzle Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

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Americans Are Borrowing Like It’s 2008 … Sort Of
Americans Are Borrowing Like It’s 2008 … Sort Of
May 23, 2017  |  Alternative Credit

It took almost a full decade, but Americans’ debt level has reached a new all-time high, surpassing the $12.68 trillion peak it reached in the...

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