Barclays said it reviewed its entire credit book for financial weakness and other red flags after losing nearly $150 million from the sudden bankruptcy of subprime auto lender Tricolor. The British ...

Barclays reported pre-tax profits of £2.1 billion for the third quarter, down seven per cent year on year, as the bank booked a £110 million impairment linked to the bankruptcy of US subprime auto ...

Tricolor Holdings had about $613 million outstanding under its warehouse credit agreement with JPMorgan Chase & Co. and other lenders as of Aug. 15, less than a month before it filed for Chapter 7 ...

Max Print Resolution (Colour)-Up to 4800 x 1200 optimised dpi dpi Max Print Resolution (Mono)-Up to 1200 x 1200 rendered dpi dpi ...

Barclays has revealed a £110 million loss tied to the collapse of Tricolor, a US subprime auto lender accused of fraud — an event now seen as a major warning sign for the $3 trillion private credit ...

Barclays has revealed lower earnings after saying it was setting aside an extra £235 million to cover the cost of compensating historic car loan customers. The banking group also revealed it suffered ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...