credit losses

Report: Bread Faces Credit Loss Concerns and Late Fee Uncertainty
Report: Bread Faces Credit Loss Concerns and Late Fee Uncertainty
October 02, 2023  |  Credit Cards

Bread Financial Holdings is reportedly grappling with challenges as it confronts rising credit losses and uncertainty surrounding late fees. The company’s stock price fell 3.9% as...

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KeyCorp Profits Fall 50% as Credit Loss Provisions Jump
KeyCorp Profits Fall 50% as Credit Loss Provisions Jump
July 20, 2023  |  Earnings

KeyCorp’s profits plunged 50% as the regional lender set aside more funds for credit losses. The bank released earnings Thursday (July 20), showing that its provisions for...

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