JPMorgan Chase says banks could fight Trump credit card rate cap: ‘Everything’s on the table’
JPMorgan Chase CFO Jeremy Barnum hinted Tuesday the industry could fight President Donald Trump's demand for credit card price controls, ...
Tag: credit
Trump’s credit card rate cap plan has unclear path, ‘devastating’ risks, bank insiders say
Bank executives were sent scrambling over the weekend after President Donald Trump declared late Friday that American credit card companies ...
Moody’s says the banking system, private credit markets are sound despite worries over bad loans
Despite worries over bad loans at midsize U.S. banks, there's little evidence of a systemic problem, according to a senior ...
Moody’s downgrades Tata Motors’ outlook to negative, says credit recovery to take months
Global ratings agency Moody's Ratings has affirmed Tata Motors a 'Ba1' corporate family rating (CFR), changing the company's outlook to ...
Not just for the ultra-wealthy: Two firms team up to create more access to private credit boom
It's a partnership designed to give retail investors more access to a rapidly expanding asset class: Private credit.Simplify Asset Management ...
Consumers love buy now, pay later loans. Here’s why banks and credit card companies are wary of them
Buy now, pay later plans offer an attractive alternative to credit cards for consumers: They allow purchases to be split ...
EV sales soar as Trump axes $7,500 tax credit: ‘People are rushing out’ to buy, analyst says
Halfpoint Images | Moment | Getty ImagesConsumers are racing to buy electric vehicles before a fast-approaching deadline to claim tax ...
Credit card startup Imprint beats big banks for Rakuten co-brand deal
A view of the logo of Rakuten Mobile at its branch in Tokyo, Japan, November 28, 2023. Staff | ReutersThere's a ...
Republican banker accused in $140 million Ponzi scheme bought a Patek Philippe watch, jaunts to Kennebunkport, and put millions on his credit cards
The Securities and Exchange Commission has accused Edwin Brant Frost IV and his private lending company First Liberty Building & ...
‘YOLO’-buying EVs: As $7,500 tax credit ends, consumers may rush to cash in. Here’s how to get a good deal
Halfpoint Images | Moment | Getty ImagesPresident Donald Trump's signature on his so-called big beautiful bill was a death blow ...
