article thumbnail

Q1 2019: US credit card issuer snapshot

Accenture

Loss rates increased slightly YoY, and issuer after-tax returns are strong for those that report. American Express renewed the Delta program through 2029; Synchrony renewed Payment Solutions relationships with P.C. 3 After-Tax ROA of issuers that publicly report – Citigroup, Capital One, Synchrony and Discover. Key themes.

Cards 208
article thumbnail

What The Presidential Election Might Mean for Interest Rates

South State Correspondent

In short, CBO projects that in 2029 the US debt, as a percentage of GDP, will exceed its previous high (from WWII), and will sour to 166% of GDP in 2054, and continue to increase thereafter. The Congressional Budget Office (CBO) publishes the most comprehensive and objective outlook on the federal budget. percentage points annually.