2024-07-19 08:00:00 ET
Summary
- We have discussed the issues we foresee regarding credit card segments within the banking industry.
- Citibank and JPMorgan Q2 results support our fears.
- You have to engage in due diligence regarding the banks that house your hard-earned money.
We have written quite extensively over the last several years about major issues in the credit card segment of the banking industry. The recent sector data has indicated that these issues now look even more worrisome....
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For further details see:
Citibank And JPMorgan: Very Troubling Results For The Banking Industry