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News

Bank of America Reshuffles Lending Unit Employees

The media reports that the management of Bank of America has decided to reduce the staff of the division of this financial institution specializing in lending and capital management.

Reports

US Credit Card Debt Reaches $1 Trillion, While Delinquency Rates Rise

The New York Federal Reserve estimated that US credit card debt reached nearly $1 trillion in the fourth quarter of 2022, growing by a record $130 billion annually. The rise in delinquencies and charge-offs makes credit card issuers prepare for the worst

News

US Biggest Banks Teams Up to Take On Apple and PayPal

The largest US banks are joining forces to create a digital wallet.

News

US Banks to Report Profit Decline, Prepare for Recession

Major US banks are expected to show a net profit decline in their quarterly earnings reports to be released on Friday, while the industry is getting ready for an economic slowdown

Articles

Top 10 banks that are investing in blockchain

Let’s find out what financial institutions are investing in the blосkсhаіn technology more than others