Lending standards for business loans eased at U.S. banks in the first quarter of the year, according to a new report from the Federal Reserve. Consumer lending, though, experienced tightening standards. Loan officers surveyed for the report said they had “eased their standards and terms...
Discover Financial Services posted a double-digit growth in payment services transactions in the first quarter of 2018, as its leadership reported early success from a new checking-and-rewards product. On Thursday (April 26), Discover reported an 18 percent year-over-year net income increase for the first quarter...
Discover Financial Services announced news of its second quarter earnings results to Wall Street on Wednesday (July 26) that showed total loans increased 8 percent, or $6.1 billion, while credit card loans saw the same growth in the quarter. In a press release, the credit...
November 06, 2023
Lending standards have tightened and demand has weakened in the third quarter of 2023, according to the Federal Reserve’s October Senior Loan Officer Opinion Survey (SLOOS) on Bank Lending Practices, released Monday (Nov. 6). The survey showed that lending standards have tightened across various loan categories, including loans to businesses and households. This tightening is […]
May 09, 2018
Lending standards for business loans eased at U.S. banks in the first quarter of the year, according to a new report from the Federal Reserve. Consumer lending, though, experienced tightening...
April 27, 2018
Discover Financial Services posted a double-digit growth in payment services transactions in the first quarter of 2018, as its leadership reported early success from a new checking-and-rewards product. On Thursday...
July 27, 2017
Discover Financial Services announced news of its second quarter earnings results to Wall Street on Wednesday (July 26) that showed total loans increased 8 percent, or $6.1 billion, while credit...
