Top 4 U.S. issuers credit card outstandings 1Q/2016
[ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”0″ ihc_mb_template=”1″] U.S. credit card outstandings end-of-period (EOP) among the Top 4 U.S. issuers gained 4.0% in the first quarter (1Q/16) year-on-year (YOY) to $362.0 billion. The gain was driven entirely by Capital One, positioned to become the nation’s second largest issuer, based on outstandings, by end-of-year (EOY) 2016. BofA, the current second…