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Nicole Casperson

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Wells Fargo hires new COO from Santander

Scott Powell, the head of Banco Santander SA’s U.S. business, is joining Wells Fargo & Co.

Yamaha Financial brings prime lending in-house for full-spectrum program

Yamaha Financial Services has launched a full-spectrum loan program, the “last major piece” of its captive

The ripple effect: Distressed repo industry threatens lender losses

Auto loan losses are poised to rise — but not because consumers are failing to make

GM Financial opposes second Reagor-Dykes restructuring plan

GM Financial has filed a motion urging the court to reject Reagor-Dykes’ second proposed restructuring plan

Online used-car retailer launches, scores $32M from investors

London-based used-car marketplace Cazoo has launched its platform today as the startup scored $32 million in

Exeter scraps IPO

Subprime lender Exeter Finance has shelved plans for an initial public offering “due to market conditions,”

Auto ABS volume surpasses 2018 levels

Auto asset-backed securitization volumes have already outpaced 2018’s yearend levels, according to data from JPMorgan Securities.

Wells Fargo settles auto insurance suit for $432M

Wells Fargo & Co. and National General Insurance Co. have agreed to pay $432 million to

Credit Union Auto Lending Surges

David Thompson

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