JPMorgan, Fifth Third among banks facing Tricolor losses
Core Viewpoint - Major banks including JPMorgan Chase & Co., Fifth Third Bancorp, and Barclays Plc are preparing for significant financial losses, potentially amounting to hundreds of millions of dollars, due to loans associated with subprime auto lender Tricolor Holdings [1] Group 1 - Fifth Third Bancorp disclosed in a regulatory filing that it anticipates an impairment charge related to these loans [1]