Browsing: quarter

By Ritika Dubey It shows 1.4 million Canadians missed a credit payment in the second quarter. While that’s up by 118,000 compared with the same time…

Online lending platform Upstart Holdings became profitable again due to higher loan origination volumes. At the same time, the company has been investing in AI and…

Credit card balances are ticking higher in 2025, according to a new quarterly report on household debt from the Federal Reserve Bank of New York.Balances rose by $27…

Sallie Mae’s earnings took a dive in the second quarter, dented by a large increase in its provisions for credit losses. But thanks to recent legislation,…

UPDATE: This article includes an interview with Ally CFO Russ Hutchinson, another with Truist analyst Brian Foran and quotes from Ally’s second-quarter earnings call.Ally Financial soared…

UPDATE: This story now includes quotes from M&T’s chief financial officer and commentary from an analyst who covers the bank.M&T Bank outperformed second-quarter expectations, driven by…

A man films the exterior of the Federal Deposit Insurance Corp. headquarters in Washington, D.C., U.S., on Tuesday, Sept. 29, 2009. The FDIC, seeking to replenish…

Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022.Chris Ratcliffe | Bloomberg via Getty ImagesKlarna saw its losses…

Citizens Bank hit Wall Street’s earnings targets for the first quarter and announced a deal to sell about $1.9 billion of its student loans.About $200 million…

Bank of New York Mellon enjoyed a record quarter at the start of 2025 but remained watchful as the tumult over President Donald Trump’s trade policies…