Citigroup is stripping chief operating officer Anand Selva of his full responsibility for data compliance after the bank was hit with $136 million in fines for its failure to address long-standing deficiencies in risk management and data governance.
Ahead of COP26, Bank of America Global Research has issued a net-zero primer and stocks picks report, which predicts that $5 trillion will need to be invested every year for the next 30 years, if global emissions targets are to be reached.
Wells Fargo has named Kevin Reen its new head of auto following Tanya Sanders’ promotion into the role of chief…
Ford Credit’s earnings rose in the second quarter, but the captive’s penetration rate declined, and lease share shrank amid a…
A decrease in auto asset-backed securitization issuance and an increase in auto loan rejection rates contributed to a year-over-year decline…
Employees working in the financial services sector are 30% less trustworthy than colleagues in other sectors.
Banking-as-a-Service startup BKN301 has topped up its recent Series B funding round with a £10 million credit facility and acquired AI-driven financial analytics and open banking specialist Planky.
British bank ClearBank has secured its European banking license from the European Central Bank, under supervision of De Nederlandsche Bank.
Auto lenders have faced a year marked by affordability challenges, regulatory oversight and the need for innovation to be competitive….
As vehicle prices and interest rates remain elevated, monthly payments continue to hover around all-time highs, making it more difficult…
Blockchain-based lender Figure Technology has filed with the SEC for an initial public offering.