Auto delinquencies are up more than 50% since 2010, VantageScore says, with cars and their associated costs becoming more ...
When Shaniqua Jones-Williams launched Sendback, a reverse logistics technology company aimed at simplifying the return ...
As Zions, Western Alliance and other banks revealed exposures to First Brands and Tricolor, one analyst noted that concern ...
What's at stake: JPMorganChase recorded a $170 million charge-off in connection with Tricolor's bankruptcy. While that's a ...
First Brands' collapse has private credit markets on high alert. Exorbitant debt, and questionable accounting have exposed ...
At least 20 percent of North American automotive suppliers are in financial distress and their leaders are more pessimistic about business conditions than they have been in years, two recent studies ...
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Jefferies CEO Claims Bank Was ‘Defrauded’ By Bankrupt Auto Supplier First Brands Group
CEO Rich Handler said that the bank was “defrauded” by the auto supplier First Brands Group, which went bankrupt in late September after its creditors opened probes amid concerns over potential ...
For weeks, investors have focused on Jefferies Financial Group, an investment bank that has at least $45 million worth of exposure to First Brands, an auto-parts supplier that filed for bankruptcy ...
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