The largest U.S. banks are reportedly bracing themselves for a surge in bad debt write-offs, the highest since the early days of the pandemic. JPMorgan...
A hundred billion here, a few hundred billion there, and pretty soon it all starts to add up. The Financial Times reports that a $647...
The Indian government wants banks to handle issues surrounding bad corporate debts and has no plans to waive the loans, according to reports Friday (Dec....
In response to mounting bad debt in the sector, the European Central Bank (ECB) will ask eurozone banks to put more cash aside to cover...
The economic world before the Great Recession and the world ten years hence are similar-looking — but in many ways fundamentally different — places. And...
New Bibby Financial Services research suggests bad SME debt in the U.K. is on the rise. Reports Friday (July 14) said the average level of...
The credit card companies are out with data on May credit card charge-offs, which shows a mixed bag among the different players in the industry....
The Consumer Financial Protection Bureau (CFPB) released a study Wednesday (June 7) that shows the way consumers establish their credit history can differ based on...
With incomes in the U.S. seeing less-than-stellar growth, a lot of spending is being done with consumer debt instead of cash, which could create problems...