Bad Loans news and trends

India’s Central Bank Warns Of Banking Crisis
Banking // July 19, 2020

Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system, the Financial Times (FT) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Truist Sets Aside $844M For Bad Loans Amid Weak Q2 Consumer Business
Earnings // July 16, 2020

Charlotte, North Carolina-based Truist Financial Corp. on Thursday (July 16) became the latest bank to report some good news in its second-quarter results, but there is also a lot of evidence that the consumer-banking business is being pummeled by COVID-19. Get the Full Story Complete the...

JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans
Loans // April 30, 2020

JPMorgan Chase was the biggest saver of funds in an effort by banks around the world to get ahead of a spate of bad loans they believe is coming. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

China Steps Up Fines On Banks Hiding Bad Loans
Bank Regulation // September 07, 2018

The China Banking and Insurance Regulatory Commission (CBIRC) is issuing fines to banks at a record rate in an effort to combat increasing financial risk. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Quick Reads
Big Banks’ Consumer Loan Write-Offs Jump 73% in Q1

April 18, 2023
America’s biggest banks are downplaying a massive spike in write-offs of bad consumer loans. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing […]

India’s Central Bank Warns Of Banking Crisis

July 19, 2020
Rajnish Kumar, chairman of the State Bank of India, the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system, the Financial Times (FT) reported....

JPMorgan, Other Big Banks Front-Load $66B To Cover Bad Loans

April 30, 2020
JPMorgan Chase was the biggest saver of funds in an effort by banks around the world to get ahead of a spate of bad loans they believe is coming. Get...

China Steps Up Fines On Banks Hiding Bad Loans

September 07, 2018
The China Banking and Insurance Regulatory Commission (CBIRC) is issuing fines to banks at a record rate in an effort to combat increasing financial risk. Get the Full Story Complete the...