Consumer lending is a bright spot for big banks
Big banks have been reporting quarterly earnings this week, and consumer lending is emerging as a bright spot last quarter. Bank of America, JP Morgan Chase and Citibank all reported that they’re earning more from their consumer loans, which include personal loans and credit card borrowing.
Click the audio player above to hear the full story.
Stories You Might Like
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
