Episode Details
Back to EpisodesWeekly Wrap: Banks stock up on capital, vehicle values plummet
Episode 31
Published 6 years, 2 months ago
Description
In the second week of first-quarter earnings season, Ally Financial reported the addition of $2.8 billion to its retail auto reserves, joining last week’s reporters, including Bank of America, JP Morgan Chase and Wells Fargo in setting aside additional credit losses.