Weekly Wrap: second-quarter earnings season kicks off [Video]
This week Bank of America, Chase Auto, PNC Financial, U.S. Bank and Wells Fargo Auto all reported increases in allowances ...
Tag: US Bank
US Bank’s credit loss reserve climbs amid pandemic
U.S. Bank’s second quarter was marked by a 74% increase from last quarter in credit loss provisions, a decrease in auto lending, and low delinquency ...
Fed amends stress test due to COVID-19
COVID-19 is changing the Federal Reserve’s oversight of banks, Randal Quarles, vice chairman of supervision at the central bank, said ...
Citizens, US Bank stock coffers for expected losses
Citizens Bank and U.S. Bank are the latest financial institutions to set aside additional capital in anticipation of increased credit ...
US Bank eyes dealer education on leasing in 2020
From left, Nicole Casperson of Auto Finance News, Rick Borg of Costco Auto Program, Gary Fenelli of Frank Motors and ...
Machine learning enhances US Bank’s pricing strategy
As the finance industry pushes toward real-time pricing, banks are adopting analytical tools, such as machine learning and artificial intelligence, ...
You’re welcome: The Fed gifts a strong auto finance sector
Apparently, Halloween is the new Christmas in auto finance. Yesterday, the Federal Reserve gifted the industry a 25-basis-point interest rate ...
AFS 2019: Carvana, TFS, Tricolor, fraud coalition and US Bank’s Hyatt win 2019 Excellence Awards
LAS VEGAS – The Auto Finance Coalition, Carvana, Toyota Financial Services, Tricolor and U.S. Bank's John Hyatt are this year's ...
