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The U.S. car rental industry has frustrated many young adults for years with special restrictions and credit checks for customers under who try to pay with a debit card. But big data is bringing some relief.
February 5
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As the consumer lender announced its seventh consecutive profitable quarter, its CEO bragged that his company is better positioned than the likes of Goldman Sachs and LendingClub.
February 1
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Executives from Ally Financial and Santander Consumer USA gave rosy outlooks about 2019 consumer trends, while other banks that rely less heavily on car lending offered more cautious appraisals.
February 1
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John Ciulla, one year in as CEO of Webster Financial, discusses how he is preparing for the next downturn, picking his spots in tech spending, and remaining cautious about M&A.
January 27
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At a FASB meeting Monday on proposed changes to the accounting standard, its critics will be given a platform.
January 25
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Despite a generally positive picture in the Shared National Credit report, regulators warned that underperforming loans in the portfolio remain elevated.
January 25
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The Dallas company boosted its loan-loss provision in the fourth quarter to cover deteriorating leveraged loans, causing it to miss profit estimates.
January 24
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The Virginia company cautioned that it expects lending to slow down this year.
January 22
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A spike in charge-offs in the third quarter stoked concerns about commercial real estate exposure. Shares in the Arkansas company rose after it reported its fourth-quarter results.
January 18
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Credit union and bank executives say the federal work stoppage hasn’t hit business lines yet, but that could change if things drag on much longer.
January 18
