Synchrony takes hit from investors after charge-offs rise Banking January 29, 2025 Photographer: Kyle Grillot/BloombergKyle Grillot/Bloomberg Credit card issuer Synchrony Financial took an earnings hit Tuesday after reporting weaker-than-expected net interest income…
Fed survey points to peak loan charge-offs, lower losses in 2025 Banking November 13, 2024 U.S. Bancorp’s finance chief said credit quality is stabilizing. Daniel Acker/Bloomberg U.S. bankers raised their standards for loan approvals yet…