Stories Tagged as
Defaults
As consumer borrowing picks up, banks keep a wary eye on the possibility of more loan defaults
by
Justin Ho
May 10, 2022
It isn't happening now, but that could change in the economy starts trending down.
Why big banks are reporting better-than-expected earnings during the pandemic downturn
Oct 14, 2020
Quarterly earnings for big banks like Citigroup and JPMorgan Chase are beating expectations thanks to a soaring stock market.
Subprime loan market losing its appeal for lenders
by
Jed Kim
Dec 27, 2017
Subprime loans give money to borrowers with less-than-stellar credit ratings. In return, lenders collect higher interest. But the shine is off lending to riskier borrowers these days. There’s word this week that Uber is selling off its subprime car-leasing division. That’s according to the Wall Street Journal, although Uber would not comment. The company originally […]