How Much Credit Is Too Much? Where AmEx Went Wrong [View article]
Would really question the COF lines. Worked there and this does not even remotely match what I saw.
BTW, Cards is a business within WFC and C. And not a very large part as well. Don't confuse Citi's card standing relative to other issues with the size internally.
Finally, I am not sure you can summarize AMEX's line size this way since they issue both charge cards with no "credit line" (though they do have a guideline) and credit cards with hard limits.
Thursday Options Outlook: XLE, WB, MRVL, NUE, HSY, COF, F [View article]
How Much Credit Is Too Much? Where AmEx Went Wrong [View article]
BTW, Cards is a business within WFC and C. And not a very large part as well. Don't confuse Citi's card standing relative to other issues with the size internally.
Finally, I am not sure you can summarize AMEX's line size this way since they issue both charge cards with no "credit line" (though they do have a guideline) and credit cards with hard limits.