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Frank Tian
Apr 21, 20231 min read
💳 Consumers Continue to Shop on Cards
The top 4 US banks had another solid quarter with credit cards. This is the advantage of the diversified business model at full-service...
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Frank Tian
Jan 15, 20231 min read
🚨 US Banks Accelerated Reserve Building.
But it is not as bad as it sounds. The top 4 US banks accelerated their reserve building in Q4 ‘22: +$2.9B, or +4.4% Q/Q. This is the 3rd...
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Frank Tian
Jul 27, 20221 min read
US Banks Q2 Cards
Actions don’t always match feelings. As confirmed by the credit card numbers in Q2 earning reports. Credit card purchases had a strong...
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