The bank's provision for credit losses amounted to $1.05 billion
Gen Z consumer debt grew by nearly a third in Q1 compared to a year earlier
Results boosted by 'very good trading conditions' following Trump's Liberation Day
Higher operating costs seen as the main obstacle to growth
Debt tops $2.55 trillion, with young adults facing the sharpest rise in delinquencies
Foreign investors have ramped up their holdings of federal debt, NBF reports
AUM in its global wealth management segment rose 9% year over year to $380B
Trade disruptions weighing on the economic outlook, and specific sectors' prospects
Von der Leyen says Europe is ready to advance talks “swiftly and decisively”
Lack of fiscal transparency raises spectre of a rating downgrade