Tricolor collapse sends Fifth Third on a hunt for bad collateral
Tricolor Holdings’ chaotic collapse and potential double-pledging of autos to creditors sent Fifth Third Bancorp executives on a “house-to-house” search ...
Tag: fifth third
Fifth Third CEO says $200 million loan fraud is ‘one-off’ issue
Fifth Third Bancorp, which said it was the victim of fraud on a loan with a $200 million balance, believes ...
Fifth Third shakes up leadership ranks
Kevin Lavender, a veteran of nearly 20 years at Fifth Third Bank, has been promoted to vice chair of the ...
U.S. Bank indirect loan originations drop 29% YoY
U.S. Bank‘s indirect loan originations plummeted in the second quarter as regional and national banks reported improvements in credit performance. ...
Huntington Bank’s originations rise 25%
Regional banks saw better credit performance in the first quarter as delinquencies declined, while Huntington Bank’s auto originations increased. Fifth ...
Regional bank earnings roundup: Auto loan appetite improves for some
Additional regional bank earnings released late last week point to an improved appetite for auto loans even as activity remained ...
Fifth Third scales back to reduce auto originations by 15%
Fifth Third’s pullback from indirect auto lending last quarter is expected to net a 15% decline in originations as the ...
Fifth Third, Capital One exit floorplan lending in commercial realignment
Fifth Third and Capital One are exiting floorplan lending as banks continue to reassess business lines in the face of ...
