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Weekly Wrap: second-quarter earnings season kicks off [Video]

Joey Pizzolato by Joey Pizzolato
July 17, 2020
in Earnings, Risk Management
Reading Time: 9min read

This week Bank of America, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto all reported increases in allowances for credit losses despite a dip in delinquencies and charge-off rates, a trend the banks are largely attributing to robust deferral programs aimed to slow the economic damage wrought by COVID-19. In fact, many auto […]

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Tags: Bank of AmericaChase AutoearningsPNC FinancialPremiumU.S. BankVideosWeekly WrapWells Fargo Auto
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