Capital & Funding
Hyundai Motor Reportedly Buying Stake in its Captive
Manufacturer Hyundai Motor Group and Taiwan-based Fubon Group, a financial services conglomerate, will reportedly buy out GE Capital’s 43% stake...
Dawood Appointed CFO at Santander Consumer
Santander Consumer USA Holdings Inc. today named Ismail Dawood as chief financial officer, effective Dec. 16. Dawood previously served as CFO...
Auto ABS Losses Trend Higher, Still Below Recession Levels, Fitch Says
Both prime and subprime ABS losses are trending higher, according to Fitch Ratings: subprime annualized net losses (ANL) rose, for...
GO Financial Preps 2nd ABS Offering With Lower Losses
GO Financial has added $164.6 million of Asset Backed Securities to the pipeline with its second offering this year --also...
Ally to Reinstate Stock Dividend, Share Buybacks in 2016
Ally Financial Inc. is closer to finalizing its longstanding goal of reinstating a common stock dividend and a share repurchase program,...
Ex-SCUSA CEO Dundon Sets IPO to Make New Acquisitions
Thomas Dundon, co-founder of Santander Consumer USA, who abruptly cashed in more than $900 million worth of stock in July...
The Good and Bad News in a Blowout October SAAR
On the surface, car sale numbers for last month should be a source of joy for the auto industry. The...
Auto ABS Losses Inch Up, but Horizon Remains ‘Healthy,’ Fitch Says
Prime auto loan ABS losses rose to the highest level in over four years through September, but loss rates were...
