Listen: Q1 earnings kick off with mixed results
First-quarter earnings season kicked off last week to mixed results with CarMax Auto Finance, Chase Auto, PNC Financial and Wells ...
Tag: Wells Fargo
Wells Fargo Auto’s originations shrink YoY amid pricing competition
Wells Fargo Auto tallied a year-over-year decline in originations and outstandings in the first quarter amid tightening credit and pricing ...
Economy No. 1 threat to banking industry, consumer bankers say
Half of consumer bankers polled at CBA Live last week said the economy is the greatest threat to the banking ...
Wells Fargo to pay $300 million to settle car insurance suit
Wells Fargo & Co. will pay $300 million to settle a lawsuit claiming it improperly charged customers for unneeded auto-collision ...
Wells Fargo economists expect rates to increase 75 bps in 2023
DALLAS — Economists at Wells Fargo are forecasting at least 75 basis-point interest rate hikes this year as the Federal ...
Homebuilder confidence rebounds after record declines
The new-home housing market is showing signs this month of a rebound, reversing a record 12 consecutive months of declines spurred ...
Listen: Weekly Wrap on Q4 earnings kick-off
Banks’ fourth-quarter earnings results painted a mixed picture of auto lending conditions as financiers prepare for a potential recession and ...
Wells Fargo Auto’s new-vehicle originations surpass used vehicles
Wells Fargo Auto recorded more new-vehicle loan and lease originations than those for used vehicles in the fourth quarter as ...
