Consumer lending

Rising yields, higher card use drive Discover's 3Q profits

10/25/18

Double-digit gains in card volume offset an uptick in problem loans.

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Deposit surge highlights strong 3Q for Ally Financial

10/25/18

Deposits topped $100 billion during the quarter while profits climbed 34% thanks to higher loan yields and lower taxes.

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Improved business lending and higher fees lead the way at Regions

10/23/18

Increased third-quarter revenue outweighed higher operating expenses at the Alabama regional.

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Fee income, profits fall at Fifth Third

10/23/18

Though consumer lending and C&I lending improved at the Cincinnati company, its corporate and mortgage banking revenues fell in the third quarter. Last year Fifth Third also posted a one-time gain of $1B associated with its sale of shares in Vantiv, complicating the comparison.

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Consumer, C&I lending drive Synovus' 3Q profits

10/23/18

The Columbus, Ga., company ramped up its business and consumer lending even as it scaled back lending on construction and commercial real estate projects.

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HSBC U.S. partners with web-based Avant to offer personal loans

10/23/18

The personal lending boom continues: HSBC's U.S. arm is teaming up with Avant, a closely held online lender, to offer unsecured loans to new and existing customers.

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Lenders, Credit Karma make a deal; Goldman goes further down Main Street

10/23/18

Consumer finance portal will be able to tell customers which loans they’ll qualify for; Marcus unit will soon offer investment services.

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Solid 3Q lending growth at Zions

10/22/18

The Salt Lake City bank said consumer loans rose 7% from a year earlier. That was one of its several quarterly highlights.

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Goldman shifts Marcus digital bank to its wealth unit

10/22/18

The firm is disbanding its consumer and commercial banking division and will make the Marcus brand one of the new business offerings that can be sold to its wealth management unit’s expanding roster of clients.

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Synchrony gets boost from addition of PayPal loans

10/19/18

The Stamford, Conn.-based company reported 9% growth in net interest income and 14% growth in loan receivables during the third quarter, attributing the improvements to addition of the PayPal Credit portfolio in early July.

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