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Bank of America auto book grows despite pullback in consumer lending 

Vehicle loans make up 11.4% of the consumer portfolio 

Amanda Harris

Bank of America’s auto portfolio grew in the fourth quarter despite an intentional pullback in consumer lending in a larger effort to balance its portfolio and mitigate looming risk.  The $3 trillion bank lowered its concentration in consumer lending, which made up 44% of all loans and leases in Q4 compared with 47% in Q4 […]

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