Card metrics remain improved from last year, and ahead of pre-pandemic levels
New issuance surged in 2020 and credit quality is holding up, DBRS reports
The lawsuit involves risk disclosure
Bank for International Settlements' latest quarterly review weighs in on risks to financial stability
Adoption of the technology will likely be gradual
Rising interest rates, will constrain consumer spending and dampen economic growth and slightly weaken the performance of some collateral
Investors now have access to post-trade price information
The rating agency is expecting an increase in issuance of credit card-backed ABS next year
The committee notes that the financial crisis highlighted several weaknesses in the current capital rules
Industry gives rule a mixed review