Browsing: quarter

Stephen Miran, governor of the US Federal Reserve, at the Nomura Research Forum during the International Monetary Fund (IMF) and World Bank Fall meetings in Washington,…

China Shipping containers are seen at the port of Oakland as trade tensions continue over U.S. tariffs with China, in Oakland, California, on May 12, 2025.Carlos…

Forward look: Huntington boosted its 2025 financial performance estimates, moving forecasts for loan and deposit growth, along with spread and fee income, to the higher end…

Key Insight: Goldman Sachs CEO David Solomon says clients are moving forward with long-term business decisions, including mergers, now that U.S. trade policy has become stabler…

Amanda Andrade-Rhoades/Bloomberg U.S. banks reported slightly weaker earnings in the second quarter of 2025 as rising provision expenses from the Capital One-Discover merger in June weighed…

By Ritika Dubey It shows 1.4 million Canadians missed a credit payment in the second quarter. While that’s up by 118,000 compared with the same time…

Online lending platform Upstart Holdings became profitable again due to higher loan origination volumes. At the same time, the company has been investing in AI and…

Credit card balances are ticking higher in 2025, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.Balances rose by $27…

Sallie Mae’s earnings took a dive in the second quarter, dented by a large increase in its provisions for credit losses. But thanks to recent legislation,…

UPDATE: This article includes an interview with Ally CFO Russ Hutchinson, another with Truist analyst Brian Foran and quotes from Ally’s second-quarter earnings call.Ally Financial soared…