Exact(6)
It is a particularly good fit for Citigroup, which had said it was eager to increase its consumer deposits in states like California, where it already has a presence.
For HSBC, the acquisition is part of its effort to increase its consumer lending business and diversify the geographic balance of its earnings so it can be less reliant on finicky markets in Asia and Europe.
With the addition of 5min Media, AOL will significantly increase its consumer offering in video programming and connect consumers with high-quality video.
Forbes: A little over a month ago, you spoke to JPMorgan Chase's CFO, and he told you that even with more government money, JP wasn't inclined to increase its consumer lending in this environment.
After the announcement, Credit Suisse First Boston said its first reaction was to question why Bank of America would want to increase its consumer exposure at this point in the credit cycle.
Moreover, the great popularity of ad-blockers points to a strong public need; as awareness increases, a free, widely available solution that is one-click away on every platform is bound to increase its consumer adoption.
Similar(54)
The bank, which is based in Charlotte, N.C., said it had increased its consumer loans — extending 1.2 million new credit cards in the quarter — while also releasing millions of dollars it had set aside to cover potential losses from defaulting consumers.
If China increases its consumer spending and Asia opens it markets, and if America invests in infrastructure, then as the I.M.F. has suggested, there could be 5 percent more growth, worth 25 to 50 million more jobs and up to 100 million people taken out of poverty.
It reinforced its capital levels and increased its consumer and business banking income.
This year, it continues to go from strength to strength, increasing its Consumer Reach Points by 11.2percentnt.
The firm wants to increase its investments in consumer-goods makers and retailers after hiring Sandra Horbach to head its consumer and retail group four months ago.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com