Tag: Fifth Third Bank

Fifth Third Bank faces $20 million in penalties after the Consumer Financial Protection Bureau today issued an order alleging that ...

Fifth Third purposely slowed auto lending in the fourth quarter driven by elevated interest rates.  The bank’s indirect secured consumer ...

Auto lenders have navigated a year of high interest rates and elevated cost of funds, prompting some banks to reevaluate ...

Stengel takes over as chief legal officer at Truist  Truist Financial is bringing in Scott Stengel from Ally Financial to ...

The auto finance industry is teetering on the fulcrum of the U.S. economy.   On one hand, auto outstandings have never ...

Fifth Third Bank is approaching 2024 as an opportunity to increase liquidity while being cautious as to where it deploys ...

LAS VEGAS — Financial institutions have used AI in varying capacities for decades, but recent enhancements to the technology have ...

Fifth Third’s auto portfolio shrank during the third quarter on the heels of the bank’s exit from indirect auto lending ...