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Remote work to continue in 2021, lenders say
Many auto lenders are planning to keep their offices operating remotely until mid-2021 due to ongoing pandemic concerns. GM Financial’s...
Banks to decrease reserve balances through yearend
Major domestic banks are pumping the brakes on increasing reserve balances in the fourth quarter amid improving macroeconomic conditions. Nearly...
Vehicle interest rates fall to lowest since 2017
National vehicle interest rates haven’t been this low since August 2017, with year-over-year declines each month in 2020 through November....
Chasing Excellence: Ravi Raghu, Auto Finance Executive of the Year
Ravi Raghu At the end of January, on the heels of an 11% year-over-year increase in...
PNC eyes footprint expansion with BBVA acquisition
Photographer: Christopher Dilts/Bloomberg PNC Financial Services has set its sights on expanding its footprint with its...
CFPB refines debt-collection rule
After reviewing 37,000 comments in the past seven years, the Consumer Financial Protection Bureau is nearing the finish line on...
Nikola tumbles after plans scrapped for GM-made truck
General Motors Co. scaled back a partnership with clean-energy trucking startup Nikola Corp., scrapping a tentative deal to jointly build an electric...
Harley-Davidson names first female CFO, and more staff moves
Auto Finance News is pleased to present staffing shuffles within the industry for October. Harley-Davidson names first female CFO [caption...
