Tag: Bank of America

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the third quarter were flat year over year, while ...

Bank of America Corp. was fined more than $1.21 billion for money laundering and sanctions violations by U.S. regulators, who ...

Auto Finance News is pleased to announce that Michael Shaw, national dealer sales executive at Bank of America, will join ...

Auto lenders are boosting staffing in their technology departments as financial institutions lean more into digital experiences.  Bank of America this month named Rebecca Caleb head of consumer vehicle lending technology, according to a ...

Bank of America Head of Consumer Vehicle Lending Tim Owens has retired, a company spokesperson confirmed to Auto Finance News.  Owens, who joined the bank in ...

National and regional bank second-quarter earnings point to mixed performance as larger banks lean into auto production while regional banks ...

Net charge-offs in Bank of America’s consumer vehicle lending portfolio in the second quarter rose year over year, while the bank’s overall digitally enabled sales increased.  Net charge-offs ...

AI could exacerbate already record-high auto finance fraud, prompting lenders to lean on real-time prevention tools and require greater scrutiny ...