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News
C's July Card Delinquencies Tick Up: Will This Impact Asset Quality?
3+ week, 3+ day ago (198+ words) Citigroup Inc. C continues to navigate credit-quality challenges amid an uncertain economic environment. Per the latest SEC filing, its subsidiary, Citibank N.A., reported mixed credit card performance for July 2026, while lending activity declined during the month. U.S. credit card metrics were mixed…...
Here's why the Bank of Canada is worried about the rise of private credit
3+ week, 4+ hour ago (1091+ words) OTTAWA — The Bank of Canada is carefully watching the rise of an alternative credit model that has Canadian investors and banks exposed to half a trillion dollars of loans held largely beyond the public eye. The concern revolves around private…...