Tag: Coronavirus

The Manheim used-vehicle value index plummeted 11.8% for the first 15 days of April compared to March, according to a ...

Citizens Bank and U.S. Bank are the latest financial institutions to set aside additional capital in anticipation of increased credit ...

Auto lenders with the highest volume of loans outstanding in California, Texas and Florida are the most exposed to future ...

This week kicked off first-quarter earnings season with JPMorgan Chase, Wells Fargo, Bank of America, and Consumer Portfolio Services reporting ...

Consumer Portfolio Services, one of the few subprime auto financiers to have survived the 2008 credit crisis, will likely be ...

BMW Group’s global finance structure and diversified funding sources insulate BMW Financial Services from potential liquidity concerns brought on by ...

More than 5 million Americans filed for unemployment benefits last week, bringing the total in the month since the coronavirus ...

Bank of America has tapped the Federal Reserve's March 27 option to defer estimated capital impact under current expected credit loss ...