Big Banks See Strength In Trading And Digital, But COVID Sinks Their Consumer Businesses
PYMNTS
JULY 14, 2020
billion rise in credit reserves and a decline in cards purchase sales of 24 percent. billion firmwide and a decline in credit card sales volume of 23 percent for its consumer & community banking division. billion addition to its credit loss reserve in Q2 and that general-purpose credit card volumes fell 22 percent to $15.8
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