Dec 17 Delinquency rates rose in most major U.S. banks for the month of November as consumers delayed payment of their loans. The delinquency rate fell marginally at Bank of America Corp and American Express and stayed flat at Discover Financial Services . Charge-offs in November fell at JPMorgan Chase, Bank of America and Citigroup
Net charge-off rate Delinquency rate
Nov 2012 Oct 2012 Nov 2012 Oct 2012 JPMorgan Chase 3.31 3.47 1.97 1.94 Discover Financial 2.02 2.01 1.84 1.84 Capital One Financial 4.46 4.25 3.71 3.66 Bank of America Corp 4.01 4.53 3.11 3.13 American Express 2.0 1.9 1.2 1.3 Citigroup 3.80 4.03 2.40 2.39
CORRECTED-UPDATE 2-U.S. to seek to block DraftKings, FanDuel fantasy sports merger
WASHINGTON, June 19 The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 percent of the U.S. market for paid daily fantasy sports contests.