The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Consumers unleashed from COVID-19 restrictions and confronting inflation-boosted prices are back to using their credit cards near pre-pandemic levels, Seeking Alpha reported Sunday (Sept. 18). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Moody’s said in its latest reading of the “pulse of the consumer” that in viewing the charge-off rate, growth had slowed among the largest U.S. banks to 10 basis points in the third quarter. Get the Full Story Complete the form to unlock this article...
It was supposed to be a strong year for lending across the board, after a stumpy 2017, which saw numbers in both consumer and commercial lending tending toward a slump. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
October 11, 2023
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. 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 daily newsletter, PYMNTS […]
October 09, 2023
The big U.S. banks are reportedly facing a slowdown in lending growth due to rising interest rates, and it is expected to hurt their profits. Get the Full Story Complete...
September 18, 2022
Consumers unleashed from COVID-19 restrictions and confronting inflation-boosted prices are back to using their credit cards near pre-pandemic levels, Seeking Alpha reported Sunday (Sept. 18). Get the Full Story Complete...
October 25, 2018
Moody’s said in its latest reading of the “pulse of the consumer” that in viewing the charge-off rate, growth had slowed among the largest U.S. banks to 10 basis points...
