Tag: truist

The bottom line for the auto finance industry’s current state of affairs is this: It could be a lot worse. ...

Truist Financial Corp.’s third quarter was marked by a decline in the number of consumers using payment assistance, an increase ...

Truist Bank continues to accrue for potential loan losses as the country faces the coronavirus economic crisis.   Truist’s provision for credit losses totaled $844 million “given ...

COVID-19 is changing the Federal Reserve’s oversight of banks, Randal Quarles, vice chairman of supervision at the central bank, said ...

Timing is everything. Vroom priced an initial public offering this week, and shares shot up 118% to $47.90 each in ...

Auto financiers are bracing for the rocky road ahead as vehicle sales plummet, consumer demand tanks and expected credit losses ...

In the second week of first-quarter earnings season, Ally Financial reported the addition of $2.8 billion to its retail auto ...

A “majority” of Truist Bank’s 330,000 consumer loan deferrals are current, including the bank’s subprime auto book, Chief Risk Officer ...