Mortgage borrowing accelerates, while other sources of debt growth slow
Credit conditions expected to improve, but risks abound, S&P says
Credit card balances rise as mortgage growth slows
Upfront spending weighs on banks' bottom lines, despite revenue growth
Delinquencies, charge-offs rose in Q4 as financial stress intensified
Robust consumer spending is fuelled by credit growth, report says
Banks, insurers tend to benefit from higher rates even as financial stress builds, rating agencies say
Declining net interest income and rising credit stress to weigh on results in 2024
Lagging effect of higher rates likely to bite this year, report says
While most retirees believe they are in a financially strong position, about 15% describe their financial position as "poor"