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Carvana debt swap does little to quell liquidity woes
Carvana’s $1 billion debt swap is poised to offer the embattled retailer additional capital runway but does little to solve...
No engine, no problem: E-bike market charges up
Electric bicycles have for years been a common sight in some regions of the United States. In New York City,...
Ally Financial names former Goldman Sachs exec new CFO
Ally Financial appointed a new chief financial officer Friday, five months after CFO Jennifer La Claire stepped down. Russell Hutchinson,...
Auto ABS spreads widen to near 2022 levels
Auto asset-backed securities spreads widened back to levels on par with late 2022 following turmoil in financial markets spurred by...
Listen: Weekly Wrap discussion on Credit Suisse
Silicon Valley Bank’s collapse continued to reverberate through financial markets last week into Europe as Swiss bank Credit Suisse was...
Vehicle inspection startup Ravin partners with online marketplace
Digital automotive auction Gauge has inked a partnership deal with vehicle inspection software provider Ravin AI that will allow the...
Open Lending protection program piques increased bank interest
Automation fintech Open Lending has seen increased interest in its lender protection program from banks as economic conditions worsen and...
SVB-spurred concerns reach Credit Suisse
Credit Suisse’s sale of its structured products group to Apollo Global Management in November spells good news for issuers in...
