Credit quality improved at five of the largest U.S. card issuers in July, S&P Global Market Intelligence reported. Their average net loss rate fell to 1.70% from 1.75% in June and 1.86% a year ago, reaching its lowest level since July 2023. The average 30-plus-day delinquency rate held steady at 1.13%, remaining below its year-ago level.
Another S&P article noted that CEO pay ratios varied widely among the 20 largest U.S. banks in 2025, with half reporting increases and half reporting declines. Citigroup had the highest ratio at 1,309 times median employee pay, up from 444 times in 2024.
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