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The sudden financial collapse of this big auto parts firm points to the next market meltdown
First Brands accumulated billions of dollars in debt, without the lenders knowing much about it. Is a stock market implosion ...
Regional banks face pressure from rising auto loan delinquencies and fraud. Learn market impacts and what easing rates mean ...
The banking group made a pre-tax profit of £2.1 billion for the third quarter, between July and September, down 7% on the ...
Inflation and a tough job market are making it harder for some people to pay back the car loans they signed in better times.
[Stay on top of transportation news: Get TTNews in your inbox.] A newly appointed First Brands Group board committee is investigating the company’s use of roughly $2.3 billion in off-balance sheet ...
(Reuters) -Bank of America's syndicated loans to First Brands are secured by strong collateral, while Morgan Stanley has no ...
(Bloomberg) -- A group of companies used by ailing auto-part manufacturer First Brands Group LLC to raise financing has filed for Chapter 11 bankruptcy protection. Firms under the Carnaby Capital ...
Auto parts maker First Brands' bankruptcy has sent ripples through credit markets in recent weeks, casting a spotlight on the ...
Financial Institutions, Inc. settled a class action lawsuit related to auto loan repossession notices, incurring a $23 million litigation accrual. Financial Institutions, Inc. announced the settlement ...
With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...
For individuals residing in Wyoming, they’re having to “cowboy up” for their auto financing, according to new research shared ...
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