Tag: Bank of America

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 ...

Bank of America has expanded its dealer network to a record high as it works to connect dealers and consumers ...

Bank of America Securities expects U.S. retail auto asset-backed securitization issuance to decline in 2026 as softer vehicle sales and affordability pressures weigh ...

Bank of America’s auto originations dipped in the first quarter as it continues to prioritize higher-quality credit across funding decisions.  While the bank did not ...

Initial public offering volume in the first quarter was strong, but headwinds in financial markets paused some activity.   It was the strongest first ...