US Speciality Lenders ā Worse Credit Metrics, Especially Personal Loans
We look at credit metrics of three specialty lenders in the US, for newly announced results.Ā Discover Financial Services (DFS US) mostly provides...
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Synchrony Financial ā Surge in Late Loans a Harbinger for Banks?
Often, mainstream banks are the last to show a bad loan cycle. It is usually fringe financial companies that are first to show these stresses. This...
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HSBC Holdings Plcā New Strategic Plan Is Complete Nonsense
* Well Written Plan, Does Not Suggest Its Viable: Ā Strategic priorities are similar to those of the previous 3 year Strategic Plan: a) continue the...
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HSBC - Yet a New Strategy?
HSBC Holdings Plc (5 HK) announced on 11 June a new strategy update, which includes US$15-17 billion in spending until 2020. The bank wants to...
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Discover Financial Services - Even Higher Charge Offs
US credit card and personal lender, Discover Financial Services (DFS US)Ā is seeing a surge in net-charge offs (NCOs) within its personal lending...
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