Wait and see” mode while tariffs play out on the wider world stage.Getting ahead of . Tariffs, and using corporate cards to do soamerican express indicated last week that, in the . Words of cfo christophe le caillec, “sme spending at Leverage Digital Marketing for Special Offers wholesale merchants saw a modest acceleration . In growth over the quarter, possibly reflecting higher purchases in advance of potential price increases. . International card services spend was up %. This strong growth was seen across geographies with . Each of our top five markets growing by double digits.
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”the earnings presentation materials morocco phone number data indicated that . Overall spending on the firm’s commercial cards was up %, down from the % gains . In the fourth quarter. Overall small and medium-size enterprise (sme) spending was % higher in . The first quarter, and as smes are % of the firm’s commercial services, as “main . Street” firms go, so goes amex’s corporate unit. Corporate net write-offs were steady at %healthy . Spending on cardsin citi’s filings, the company noted that its commercial card spending volumes were .
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Up % year over year to $ billion, and that loans in its treasury and . Trade solutions business gained % to $ billion. Corporate loans at thida hassan program financial manager the end of the . March period stood at $ billion, up from $ billion at the end of last . Year. Ncls were basically flat, and deposits were up by % to $ billion.Cfo mark . Mason said that “the loan growth … [was] In average interest-earning balances on the branded . Cards side, but also saw trade loan growth as well.
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And so those are going . To be important tailwinds as I think about the balance of the quarter.” ceo jane . Fraser said that “we are positioned to be the go-to bank for commercial clients. So, . These are ones with cross-border needs. We’ve got these unique capabilities that, particularly the born-digital . Clients who are then going global very quickly, they can just sit on top of . Our existing capabilities in services.”in jpmorgan’s latest results, business banking average loans were flat to .
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$ billion in the latest quarter. Origination activity slowed, to $ million in the latest . Quarter, down from $ billion in the fourth quarter of benin businesses directory last year.And in tandem with . Reduced activity, commercial banking revenues were $ billion in the latest quarter, down slightly from . A year ago, tied to commercial real estate. Middle market banking revenues were just under . $ billion, down very slightly from the fourth quarter and up $ million from a . Year ago.