The company states: “We’re actually seeing deposits grow at the margin. They’re across all categories, the worst I would say is they’re they’ve stabilized and at levels much, much higher than they were pre-COVID , which is encouraging. We’ve seen strong spend probably larger growth in spend at the lower credit quality end still under leveraged relative to history and no real cracks in delinquencies or anything. But long term that’s a downward trend, as it were, relative to what we’ve seen . We’ve seen a tiny uptick.” Comments taken from Barclays 23rd Annual Global Financial Services Conference.
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