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Banco Santander SA has received US Federal Reserve authorization for the purchase of Webster Financial Corp., in what will be one of the largest-ever US transactions by a European lender. Following other regulator approvals, the Spanish lender now expects to close the transaction on August 20, according a statement late Tuesday. Spain’s largest lender in […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
