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Credit card and auto loan losses rose Y/Y after two months of improvement, write Jefferies analysts led by John Hecht. More news on: American Express Company, Bank of America Corporation, Citigroup Inc., Financial stocks news, Read more ...
After bearing the brunt of selloffs in the past week, financials with strong consumer businesses revive after the White House indicates that some states least affected by COVID-19 may start re-opening some businesses as early as today. More news on: Financial Select Sector SPDR ETF, Citi...
With JPMorgan Chase and Wells Fargo building reserves to deal with potential credit deterioration resulting from COVID-19, credit card and consumer lender names also dip. More news on: American Express Company, Alliance Data Systems Corporation, Capital One Financial Corporation, Financial...
As many auto dealerships close as a result of COVID-19-induced stay-at-home orders, Santander Consumer USA (NYSE: SC ) discloses that its loan and lease originations are significantly declining . More news on: Santander Consumer USA Holdings Inc., Fiat Chrysler Automobiles N.V., Credit Ac...
New Deal Will Make It Even Easier for Vroom Customers to Obtain Auto Loan Financing Vroom ( www.vroom.com ), an innovative ecommerce platform that offers a better way to buy and sell used vehicles, today announced a multi-year strategic preferred lending relationship with Santander Co...
The record-breaking $1.3 trillion worth of auto loan debt Americans are collectively shouldering is starting to show some serious cracks. As of late last year, auto loan delinquencies were at an eight-year high, and suspiciously, that was right around the same time the number of rejected auto lo...
DALLAS , April 6, 2020 /PRNewswire/ -- Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") Santander Consumer USA Holdings Inc. (NYSE: SC) ("SC") has made modifications to its previously scheduled 2020 Earnings Release Dates. Please note that there has been a change to the Q1 ...
KBW favors American Express ( AXP -0.4% ) for its offensive/defensive mix in the consumer finance sector as analyst Sanjay Sakhrani slashes earnings estimates in recalibrating for the impact of the Covid-19 pandemic. More news on: American Express Company, Discover Financial Services, Sy...
As we roll through 2020, it is quite evident that we are all having an out of time, and space, and experience, moment. It is a medical crisis leading to a health crisis enlarging into an economic crisis and they are all three happening simultaneously. Each crisis founded upon the shoulders of ...
DALLAS , March 23, 2020 /PRNewswire/ -- Santander Consumer USA ("SC") and Chrysler Capital today announced several initiatives to support customers and colleagues as the spread of Coronavirus (COVID-19) affects our communities. What we are doing for our customers: We are...
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Betty Jotanovic Is Named President of Chrysler Capital and Auto Relationships at Santander Consumer PR Newswire DALLAS , Jan. 27, 2023 /PRNewswire/ -- Santander Consumer USA Inc. ("Santander Consumer") today announced that Betty Jotanovic will assume the ...
Santander Consumer USA Funds Financial Security Programs for Survivors of Human Trafficking and Domestic Violence PR Newswire More than $400,000 in grants from the Santander Consumer USA Inc. Foundation support New Friends New Life and the Genesis Women's Shelter...
Santander Consumer USA and Stellantis Agree on US Contract Extension PR Newswire Agreement extends Chrysler Capital relationship, reaffirming the mutually beneficial financing partnership DALLAS , April 27, 2022 /PRNewswire/ -- Santander Consumer USA ...