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X @Bloomberg
Bloomberg· 2025-11-14 20:22
Tricolor’s sudden bankruptcy shook up Wall Street as investors fled the subprime auto lender and retailer. Now big names including JPMorgan CEO Jamie Dimon warn it may augur a bigger market reckoning https://t.co/2azPKBvbqF https://t.co/IObE71Q4SK ...
X @Bloomberg
Bloomberg· 2025-11-10 12:02
A phone call cut short Tricolor CEO Daniel Chu's Italy trip, and kicked off a frenzy of events that ended with the subprime auto lender's collapse. https://t.co/EN9aSPprgt ...
X @Bloomberg
Bloomberg· 2025-10-27 21:38
Seven classes of notes from four deals by auto lender First Help are at risk of being downgraded by Kroll after losses mounted in collateral portfolios https://t.co/WIvMymaA5p ...
X @Bloomberg
Bloomberg· 2025-10-14 12:34
The dramatic collapse of subprime auto lender Tricolor Holdings hit JPMorgan Chase’s earnings in the third quarter, contributing a $170 million charge-off that led to the bank’s elevated credit-cost figure, Chief Financial Officer Jeremy Barnum said https://t.co/97QNCRz5qS ...
X @Bloomberg
Bloomberg· 2025-10-03 20:23
Legal Investigation - The trustee is investigating potential misconduct by Tricolor before its bankruptcy [1] - The investigation aims to recover funds for creditors [1] Industry Implication - The case involves a subprime auto lender, indicating potential risks within that sector [1]
X @Bloomberg
Bloomberg· 2025-10-03 19:26
Financial Risk - Subprime auto lender Tricolor's records indicate at least 29 thousand loans pledged to creditors were tied to vehicles already securing other debts [1] Company Operations - Bankrupt subprime auto lender Tricolor's records are under review [1]
X @Bloomberg
Bloomberg· 2025-09-17 12:22
In the wake of the sudden collapse of subprime auto lender Tricolor Holdings, creditors across the US are scrambling to stake their claim on the company’s remaining assets and contain their losses https://t.co/UHgbpVqhXd ...
X @Bloomberg
Bloomberg· 2025-09-11 00:54
Federal prosecutors are digging into used car seller and subprime auto lender Tricolor, which filed to liquidate in bankruptcy court on Wednesday https://t.co/fS72MRx1aE ...