Banks Report Lending Slows as Corporate Borrowers Pay Down Debt
PYMNTS.com - 2024-04-17T00:07:30.000Z

The largest U.S. banks are reporting a slowdown in lending. Bank of America and PNC were the latest to do so, with the former reporting Tuesday (April 16) that lending was “sluggish” and the latter saying its lending dropped 1%, the Financial Times (FT) reported Tuesday. With their earnings reports released Tuesday, they joined three other top banks — Citigroup, JPMorgan Chase and Wells […]

In related news

Shohei Ohtani's former interpreter Ippei Mizuhara is charged with bank fraud after allegedly stealing over $16MILLION from the baseball star to pay his gambling debt
Shohei Ohtani's former interpreter Ippei Mizuhara has been charged with bank fraud after allegedly stealing over $16million from the Los Angeles Dodgers player to pay off a gambling debt.
- Related Articles
- In News
- From Daily Mail
- 2024-04-11T18:02:24.000Z
World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts
World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts By Jan Nieuwenhuijs of Gainesville Coins Recently the World Bank released a handbook for asset managers on why to invest in gold. At Gainesville Coins I have written numerous articles on gold revaluation accounts and how these can be deployed by central banks to absorb losses in case of emergency. The World Bank has taken notice of my research as they allude to this practice in a chapter on reserve...
- Related Articles
- In News
- From Zero Hedge
- 2024-04-18T22:20:00.000Z
Netflix Reports Blowout Q1 Results & Sub Adds, But Warns Gains Will Slow, Will End Reporting Of Quarterly Subs; Stock Slides
Netflix Reports Blowout Q1 Results & Sub Adds, But Warns Gains Will Slow, Will End Reporting Of Quarterly Subs; Stock Slides After suffering a historic collapse at the end of 2021, when in the span of five months Netflix lost 75% of its value, and when Ackman first bought then immediately dump the stock just around the generational bottom, the company has enjoyed a stellar recovery over the past two year when it rose by nearly 300%, from a low of $166 to a recent high of price of...
- Related Articles
- In News
- From Zero Hedge
- 2024-04-18T20:36:01.000Z

In related news

Shohei Ohtani's former interpreter Ippei Mizuhara is charged with bank fraud after allegedly stealing over $16MILLION from the baseball star to pay his gambling debt

World Bank Report Highlights Advantage Of Central Bank Gold Revaluation Accounts

Netflix Reports Blowout Q1 Results & Sub Adds, But Warns Gains Will Slow, Will End Reporting Of Quarterly Subs; Stock Slides