First Brands, Tricolor collapses invite more scrutiny, but Wall Street sees robust credit quality
Reutersยท2025-10-14 17:53
The bankruptcies of U.S. auto parts supplier First Brands and car dealership Tricolor have prompted soul searching on Wall Street, with JPMorgan Chase saying it re-examined its controls after finding itself exposed, although banks broadly said that U.S. borrowers' credit quality is robust. ...