Credit cards – Investment Executive https://uat-phoenix.investmentexecutive.com Canada's news source for financial professionals Tue, 04 Feb 2025 17:58:33 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.1 https://uat-phoenix.investmentexecutive.com/wp-content/uploads/sites/3/2018/01/cropped-favicon-1-32x32.png Credit cards – Investment Executive https://uat-phoenix.investmentexecutive.com 32 32 Insolvencies rose 12.1% in 2024, led by business filings https://uat-phoenix.investmentexecutive.com/news/research-and-markets/insolvencies-rose-12-1-in-2024-led-by-business-filings/ Tue, 04 Feb 2025 17:58:33 +0000 https://www.investmentexecutive.com/?p=501719 A 15-year high in business, consumer insolvencies was recorded in 2024: association

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Household debt growth slows: StatCan https://uat-phoenix.investmentexecutive.com/news/research-and-markets/household-debt-growth-slows-statcan/ Fri, 17 Jan 2025 18:57:19 +0000 https://www.investmentexecutive.com/?p=500396 Credit card balances shrink, tempering increase in mortgage borrowing

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Mid-market banks to profit as rates ease: DBRS https://uat-phoenix.investmentexecutive.com/news/research-and-markets/mid-market-banks-to-profit-as-rates-ease-dbrs/ Tue, 07 Jan 2025 20:43:33 +0000 https://www.investmentexecutive.com/?p=499694 Smaller banks less diversified than Big Six, but still poised for growth

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As rates fall, household debt growth picks up: StatCan https://uat-phoenix.investmentexecutive.com/news/research-and-markets/as-rates-fall-household-debt-growth-picks-up-statcan/ Thu, 19 Dec 2024 18:58:24 +0000 https://www.investmentexecutive.com/?p=498934 Faster mortgage growth, HELOCs push debt over the $3 trillion mark

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Consumer debt reaches record $2.5T, credit bureaus say https://uat-phoenix.investmentexecutive.com/news/research-and-markets/consumer-debt-reaches-record-2-5t-credit-bureaus-say/ Tue, 26 Nov 2024 15:30:26 +0000 https://www.investmentexecutive.com/?p=497439 The pace of missed payments has slowed following recent interest rate cuts: Equifax

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Credit card performance stable in Q3: Fitch https://uat-phoenix.investmentexecutive.com/news/research-and-markets/credit-card-performance-stable-in-q3-fitch/ Fri, 22 Nov 2024 19:14:39 +0000 https://www.investmentexecutive.com/?p=497284 Delinquencies, charge-off rates largely stable, despite financial stresses

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As rates fall, household debt growth ramps up https://uat-phoenix.investmentexecutive.com/news/research-and-markets/as-rates-fall-household-debt-growth-ramps-up/ Tue, 19 Nov 2024 18:57:54 +0000 https://www.investmentexecutive.com/?p=496985 Mortgages, credit card balances grow faster in September: StatCan

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U.S. banks to see softer regulation https://uat-phoenix.investmentexecutive.com/news/research-and-markets/u-s-banks-to-see-softer-regulation/ Thu, 07 Nov 2024 19:54:40 +0000 https://www.investmentexecutive.com/?p=496262 Election results signal lighter rules, lower taxes, but limited short-term impact, DBRS says

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Alts managers poised for private credit growth https://uat-phoenix.investmentexecutive.com/news/research-and-markets/alts-managers-poised-for-private-credit-growth/ Tue, 05 Nov 2024 17:47:46 +0000 https://www.investmentexecutive.com/?p=496063 Firms acquiring assets, partnering with banks, to drive portfolios

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Goldman Sachs, Apple fined by CFPB https://uat-phoenix.investmentexecutive.com/news/from-the-regulators/goldman-sachs-apple-fined-by-cfpb/ Wed, 23 Oct 2024 18:00:10 +0000 https://www.investmentexecutive.com/?p=495348 Firms' joint foray into consumer finance wasn't ready, regulator alleges

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