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The Dallas auto lender might lose as much as one-third of its business if it severs ties with the automaker, raising fresh questions about whether its parent company will buy out shareholders and take full ownership.
June 8
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UniCredit and Société Générale are discussing a merger; Revolut also plans to launch its mobile service in the U.S. this summer.
June 5
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CU Direct CEO Tony Boutelle has a word for the future of the auto industry: A.C.E.S.
June 4
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Terms on car loans continue to lengthen in an attempt to keep monthly payments manageable for consumers, but one expert warns that at some point they're going to impact affordability.
June 4
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Amid rising interest rates and vehicle costs, longer loan terms and more, credit union auto lenders have two paths they can take to manage the challenges and opportunities that lie ahead.
June 1
Auto Financial Group -
The subprime lender could lose a big partner now that Fiat Chrysler has officially announced it will form its own auto finance unit, and the two are negotiating an end to their 6-year-old relationship.
June 1
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The banker made $140,000 in illegal trading profits; the German bank faces Fed stress test and “living will” examination soon.
June 1
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Readers react to acting Consumer Financial Protection Bureau Director Mick Mulvaney easing mortgage reporting requirements, opine on facial recognition systems, weigh in on Wells Fargo’s attempts to change its culture and more.
May 31
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Proposal would simplify the rule prohibiting proprietary trading; Fiat Chrysler, which accounts for about a third of the unit’s business, may go solo.
May 31
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Fiat Chrysler is expected to announce Friday that it will establish its own captive finance unit in the U.S. The move could be bad news for its lending partners.
May 30
