Truist pads reserves as deferred accounts remain current
A “majority” of Truist Bank’s 330,000 consumer loan deferrals are current, including the bank’s subprime...
5 largest investments in auto finance startups in 2019
This year, investors funneled hundreds of millions of dollars into auto finance startups in the...
Ally’s Doug Timmerman named Auto Finance Executive of the Year
Auto Finance News is pleased to announce Doug Timmerman, Ally Financial’s president of auto, as...
Chase Auto inks deal with Vroom
Chase Auto has expanded its relationship with online used-car retailer Vroom, in anticipation of an expected...
Financial institutions drop the ball on diversity
Megabanks, including Bank of America, JPMorgan Chase, and Wells Fargo, are still lagging when it...
Sparking Connections: How Tech Alliances Are Firing Up Lenders
Slowing vehicle sales and the potential for a market downturn have lit a spark among...
Bank CEOs Say Don’t Hold Your Breath for Predicted Wave of Deals
The biggest bank merger since the financial crisis — February’s $28 billion tie-up between BB&T...
BB&T-SunTrust Merger to Establish $23B Auto Finance Operation
BB&T Bank’s acquisition of SunTrust Banks is likely to combine auto lending operations in a...
