Citi and NBC’s TODAY inked a new multi-year sponsorship for the Citi Concert Series on TODAY, to provide year-round opportunities for millions of Citi customers,
U.S. credit card outstandings end-of-period (EOP) among the Big 6 issuers will likely rise 2.5% year-on-year (YOY) in the third quarter says RAM Research. Big 6 outstandings rose by a mere 2.3% YOY in the second quarter to $474.5 billion, according to CardData.
Charge-offs among the nation’s top 6 issuers are expected to notch upwards by 3 basis points (bps) in the third quarter expects RAM Research. Charge-offs among the nation’s top 6 issuers dropped 22 bps year-on-year (YOY) to 2.81% for the second quarter, and down 16 bps sequentially, according to CardData.