The bank has brought forward a portion of its full-year distribution plans and now intends to carry out quarterly share ...

Q3 2025 Management View Drake Mills, Chairman, President & CEO, addressed the Tricolor charge-off, stating, "Our decision to ...

The CEO of Barclays said the bank wasn’t stuck with exposure to fallen auto-parts company First Brands because of its own due ...

The recent collapses of U.S. car parts maker First Brands and auto dealership Tricolor may be a warning of much bigger ...

Bank of England governor Andrew Bailey warned on Tuesday that the recent collapse of two U.S. private credit-backed companies ...

Did a political blessing from the feds encourage a lack of due diligence by lenders to the failed subprime auto lender?

Barclays plc, after being stung by the chaotic collapse of Tricolor Holdings, is conducting a review of its entire loan ...

A spate of credit issues in recent weeks has drawn investor attention to the multi-trillion-dollar global credit market, with ...

The bank’s CEO Jamie Dimon called the misstep, in connection to the bankrupt subprime auto lender, “not our finest moment.” ...

JPMorgan analysts warned Monday that the bankruptcies of First Brands Group and Tricolor Holdings have ignited a new wave of ...

Barclays Plc Chief Executive Officer CS Venkatakrishnan says he's "not happy" about the lender's exposure to subprime auto ...

What's at stake: JPMorganChase recorded a $170 million charge-off in connection with Tricolor's bankruptcy. While that's a ...