Citigroup (NYSE:C) executive Gonzalo Lucchetti, head of U.S. Personal Banking (USPB) and the company’s incoming chief financial officer, outlined priorities centered on improving returns and execution ...
Consumer credit in the US rose above expectations in December 2025, increasing by $24 billion on a monthly basis, the Fed ...
Regulatory Risk: Investors must remain vigilant regarding regulatory changes. The Consumer Financial Protection Bureau (CFPB) ...
Total outstanding consumer debt stood at $5 trillion as of January, according to the Federal Reserve's G.19 consumer credit report released on Friday. That is up slightly from a month earlier but down ...
America’s credit card industry is the most competitive in the world and delivers enormous value for consumers and merchants ...
Comparing the actual figure to the previous one, the increase is even more significant. The previous Consumer Credit figure ...
For many consumers, 2024 was a mixed bag of pluses and minuses when it came to credit. Many borrowers with lower fixed-rate mortgages considered themselves lucky and resisted the urge to move or sell.
Key insight: A new survey of consumer credit companies revealed deteriorating business conditions in the third quarter, and signs of increasing stress among some consumer segments. What's at stake: ...
Credit reporting issues have consistently ranked among the top consumer complaints tracked by the Federal Trade Commission’s Consumer Sentinel Network. According to the FTC’s 2024 data book, reports ...