Chase Auto Finance
Chase names CEO for Auto FinanceNov. 17, 2016
JPMorgan Chase & Co. named Mark O'Donovan, a 20-year Chase veteran, CEO of Auto Finance, effective immediately, a spokesman told Automotive News. He succeeds Thasunda Duckett, who became CEO of Consumer Banking in September.
Chase hikes reserves for auto loan losses 'for the right reasons'Oct. 14, 2016
Analysts raised concerns about an increase in reserves for future auto loan losses at Chase Auto Finance, but the bank said the increase mostly reflects bigger loan and lease volume, and not any particular increase in risk, even as the U.S. new-vehicle market peaks.