Finance & Insurance
Auto financiers tapping the brakes on subprime lendingFri, 03, Jun 2016
Executives at some of the biggest banks in auto lending are tapping the brakes on subprime lending, especially at the lower end of the credit spectrum. But they insist the credit environment is good for auto lending overall.
Auto lending market 'a little stressed,' JPMorgan Chase CEO Dimon saysThu, 02, Jun 2016
JPMorgan Chase CEO Jamie Dimon said the market for U.S. automobile lending is “a little stressed” and that he foresees higher losses ahead for some competitors.