Citibank and Capital One Jockey for More Marketshare Among Big 6
The Big 6 issuers, based on U.S. total outstandings of $979 billion, control 50.8% of the U.S. bank credit card business at the end of the third quarter (3Q/16), the same as one-year ago, according to CardData. There has been clear shift among the peer group with Capital One and Citibank snatching marketshare from the others.…