Synchrony Financial posted fourth-quarter results that showed charge-offs increasing as management pointed to credit normalization in the months ahead, and said the firm was also...
KeyCorp saw net loan charge-offs rise during the fourth quarter, driven by real estate, healthcare and consumer goods. Get the Full Story Complete the form to...
As 2023 winds down, Discover is eyeing 2024 and its increasing charge-off rate. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Wells Fargo saw net charge-offs increase, loan demand decrease and average deposits decline during the third quarter. Get the Full Story Complete the form to unlock...
Until recently, consumers were largely paying off cards and other loans. Current headwinds may change that. Get the Full Story Complete the form to unlock...
America’s big banks are due to report their largest increase in loan losses since the pandemic. Get the Full Story Complete the form to unlock...
Credit card charge-offs reportedly crept up in March as consumers struggle to pay bills. Get the Full Story Complete the form to unlock this article...
Banks are bracing for fallout as more people struggle to make credit card payments due to lost paychecks amid the coronavirus pandemic, according to a...