Synchrony Financial – 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 Plc– New Strategic Plan Is Complete Nonsense
* Well Written Plan, Does Not Suggest Its Viable: Â Strategic priorities are similar to those of the previous 3 year Strategic Plan: a) continue the...
287 Views
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...
300 Views
Discover Financial Services - Even Higher Charge Offs
US credit card and personal lender, Discover Financial Services (DFS US)Â is seeing a surge in net-charge offs (NCOs) within its personal lending...
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HSBC Holdings Plc – Just Crazy Enough To Work
* Turning HSBC Into Tucker’s Town: In just two months, new Chairman Mark Tucker is already grabbing headlines. However, more than just headlines...
546 Views