AFS 2019: Fed rate cuts offset affordability strain, Chase CEO says
LAS VEGAS — Lower benchmark interest rates set by the Federal Reserve are a positive for the auto industry, despite ...
Tag: jp morgan chase
Earnings roundup: Ally, Chase, US Bank boost auto originations in 3Q
Ally Financial, Chase Auto, and U.S. Bank Dealer Services all grew origination volumes in the third quarter despite a mixed ...
Wells Fargo Auto originations climb 45% YOY
Origination volume for Wells Fargo Auto is on a growth trajectory, as the bank reported a 45% year over year ...
Asbury Automotive amends $1.5b credit facility
Asbury Automotive has “amended and reinstated” its five-year, $1.45 billion syndicated senior credit facility, the company announced on Wednesday. The ...
Beneath the surface: The lurking cybersecurity threat
Nine seconds. That’s all the time it took to hack the Department of Defense’s weapons system. Whether a government entity, ...
Financial institutions drop the ball on diversity
Megabanks, including Bank of America, JPMorgan Chase, and Wells Fargo, are still lagging when it comes to diversity and inclusion, ...
Lease financier embarks on auto loan business
There’s a new auto finance company gearing up to enter the market. Dallas-based Musa Auto Finance, which specializes in new- ...
Wells Fargo, Chase boost auto originations in 2Q
Wells Fargo and JPMorgan Chase recorded auto origination levels last quarter unseen in several years, according to results filed with the ...
