Irving-based subprime auto lender and dealer Tricolor Holdings filed for bankruptcy Tuesday and plans to liquidate its assets ...
The seemingly sudden bankruptcy of subprime auto lender Tricolor Holdings has thrown the used-car financing world into chaos, with banks, investors, and regulators racing to untangle the complex ...
For more than a decade investors have used the High Court to hold British companies accountable when they make false and ...
Asset managers Angel Oak and Janus Henderson and insurers Massachusetts Mutual and Nationwide Life are among recent or ...
Fifth Third Bancorp, which said it was the victim of fraud on a loan with a $200 million balance, believes the situation was an isolated incident in the company’s warehouse-lending business, according ...
The Dallas-based auto financing provider and dealer, which caters to those without credit histories, filed for chapter 7 bankruptcy.
Fifth Third Bank reported a business client had been involved in “fraudulent activity,” foricing it to write off most or all of a $200 million loan.