Cashbox PLC

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Investment banking

Truist gets an earnings boost from its investment banking unit

After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.

By Allissa Kline

April 22
Credit cards

American Express prepares to issue $1.6 billion from two series

Price guidance was not available on the series 2024-1, the database notes that the series 2024-2 class A notes are expected to price between 63 and 65 basis points over the three-month interpolated yield curve.

By Donna M. Mitchell

April 22
Servicing

Delinquent mortgages rise year-over-year

But the number of properties whose mortgage is more than 90 days late is at its lowest since 2006, ICE Mortgage Technology said.

By Brad Finkelstein

April 22