1 Results from 2020
Gerard Hergenroeder Retired IBMer and Banking Executive at Payments Shark
It has been awhile since I last posted a blog. I am sure everyone is thinkling about potential credit losses as a result of rising unemployment rates. In the U.S. it now over 15%. During the great mortgage recession in 2007 loan losses peaked at 10%. It took almost 10 years to get the loss rate below 5%. Just prior to the recesssion losses averaged...
08 May 2020 /payments /retail Futuristic Banking
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