The head of Goldman Sachs Group Inc’s (GS.N) direct-to-consumer unit, Swati Bhatia, is stepping down from the role, according to an internal note seen by Reuters.
Citigroup Inc will wind down its consumer banking business in China in a move that will affect about 1,200 local employees, the bank said in a statement on Thursday.
Mortgages
Consumer debt tops $2.36 trillion in third quarter, up 7.3 per cent from last year – BNN Bloomberg
Consumer debt tops $2.36 trillion in third quarter, up 7.3 per cent from last year BNN Bloomberg
Canadian consumer debt hits $2.36T as mortgages, credit card spending rise Yahoo Canada Finance
Consumer debt in Canada tops $2.36-t…
Thanksgiving Day 2022 marks record consumer spending according to Adobe Analytics.
Best Cars
Trade in your pickup truck for a Prius if you want a more reliable vehicle, Consumer Reports says
Electric cars and pickups give buyers the most headaches, while hybrids tend to be the most reliable, Consumer Reports found in its latest roundup.
Hybrid cars aren’t just valuable for their fuel efficiency, apparently. Consumer Reports has published annual reliability survey data indicating that hybrids are generally more reliable than their gas-only equivalents. Hybrid cars were the most reliable among…