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 wholesale merchants saw a modest acceleration in growth over the . Quarter, possibly reflecting higher purchases in advance Digital Marketing For Brand Storytelling 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 ivory coast 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 up % year over .
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Year to $ billion, and that loans in its treasury user feedback, valuable opinions and trade solutions business gained . % to $ billion. Corporate loans at 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 $ billion in the .
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Latest quarter. Origination activity slowed, to malaysia data $ million in the latest quarter, down from $ . Billion in the fourth quarter of 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. Credit quality . Remained strong, as net charge-offs in the latest quarter, at %, were better than the .