But they are also under pressure to keep providing credit.
What is left will have the reduced role of providing credit for buyers of GE products.
New categories of bank that are required to focus solely on providing credit to businesses.
THERE have been few better opportunities for financial firms in America over the past half-century than providing credit cards.
Providing credit to small business in the developing world is difficult, thanks to the paucity of credit bureaus.
When providing credit card information, she said, consumers should make sure the information is sent to a secure server.
There were significant "invisible" costs in providing credit cards, such as fraud and security management and global infrastructure.
Governments are ordering banks to lend to them, providing credit guarantees, suspending some tax obligations and forcing public bodies to pay up more quickly.
Undeterred, the Chinese pursued a different strategy: providing credit to farmers and potentially tripling the soybeans grown here to feed chickens and hogs back in China.
It urged bankers to sell off damaged assets and raise fresh capital, so that they are able to resume providing credit to businesses and consumers.
The two investments fit under a broader thesis that the business of providing credit is changing, as traditional banks pull back.
