Tag: Wells Fargo

Bank of America increased its allowance for credit losses in line with an emerging trend set by Chase Auto and ...

PNC Financial Services is ratcheting up its allowance for credit losses amid the industrywide trend of dwindling delinquency rates in ...

Wells Fargo Auto’s second quarter was marked by increases in allowance for credit losses and net charge-offs, and a fall ...

Tanya Sanders is Wells Fargo Auto's head of retail underwriting and fulfillment The Auto Finance News team is pleased to ...

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

With dealerships’ doors closed during the pandemic, many consumers have been forced to opt for online shopping and home delivery ...

While the automotive market is still tracking behind all prior-year sales metrics, franchise dealer sentiment is optimistic about the coming ...

Wells Fargo’s move to halt contract funding from a majority of the independent auto dealers on its network is spurring ...