Jamie Dimon warns, ‘When you see one cockroach, there are probably more,’ after Tricolor loan loss

JPMorgan CEO Jamie Dimon said losses stemming from a bankrupt auto lender Tricolor may be immaterial to the bank, it could be a warning of other loan losses are coming.
American Banker

Nova Credit draws capital to expand to new loan types

The credit infrastructure and analytics company secured $35 million in a Series D funding round, led by Socium Ventures, the ...