Steve Gelsi covers banking and cannabis as a Senior Reporter for MarketWatch.
Consumers with weaker credit histories are facing pressure. And though headwinds remain, the nation’s banking public remains robust at U.S. banks.
Still to come on Tuesday are third-quarter updates from Goldman Sachs Group Inc. GS, -0.18% and Bank of America Corp. BAC, -0.52%, followed by Morgan Stanley MS, -0.03% on Wednesday. Auto-loan origination volume fell 24%, reflecting credit-tightening actions as well as continued price competition, as its mix of business continued to shift towards higher FICO score customers.
The bank increased its outlook for 2023 net interest income by $1.5 billion to $88.5 billion. In the previous quarter, it boosted its outlook by $6 billion to $87 billion.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Senior breaks girls soccer record, guides team to wild win in jaw-dropping 16-goal gameSenior Ella Petrosh scored six goals in a record-breaking day. Holy Spirit beat Our Lady of Mercy, 9-7.
Read more »
Life lessons learned when student interviews a senior for a biographyDo a good job and never give up were words of wisdom from an 89-year-old to a nine-year-old schoolboy as they bonded over a class assignment.
Read more »
Did Decatur police break the law by helping repo Steve Perkins’ car?Records show there was no judicial process the morning Perkins was killed authorizing police involvement.
Read more »
NHRA Texas FallNationals Friday Qualifying: Steve Torrence Makes Statement in Top FuelBob Tasca III, Deric Kramer, Gaige Herrera also start the weekend quick on night that produces some of the faster runs in NHRA history.
Read more »
Jeff Van Gundy joining Celtics as senior consultant after ESPN exitIt appears Jeff Van Gundy has landed his next gig.
Read more »
Jeff Van Gundy to join Celtics as senior consultant for 2023-24 seasonJeff Van Gundy is joining the Boston Celtics as a senior consultant for the 2023-24 season, the team confirmed Saturday.
Read more »