Risk Factors Update Summary
- The Federal Reserve reduced the target range for the federal funds rate from seven to four occasions.
- Forecasts indicate potential interest rate reductions in 2024, impacting economic growth and inflation.
- Potential contraction of U.S. gross domestic output in 2024 due to slowing economic growth and persistent inflation.
- Changes in interest rates may affect credit losses, impacting earnings and financial condition.
- Integration risks may arise from operational changes, impacting financial results and operations.
- Changes in interest rates may affect the value of liquidity or capital, impacting financial stability.
- Continued industry turmoil may adversely affect financial position and results of operations.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1478454&owner=exclude
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