The recent failures of auto lender Tricolor and auto-parts manufacturer First Brands, which JPMorgan CEO Jamie Dimon dubbed "cockroaches," had the biggest names on Wall Street pointing fingers last week. Blackstone has been paying attention too, but on its third-quarter earnings call on Thursday, the company had a clear message: any attempts to tie these bankruptcies to private credit are fake news."These events have been erroneously linked to the traditional private credit market as a result of misunderst ...

Tyler Crowe: Private markets are becoming the public markets. This Motley Fool Money. Welcome to Motley Fool Money on Tyler Crowe, joined by longtime Fool contributors, Jon Quast and Matt Frankel. Now, we're going to cover the market buzz around private assets that are looking to make their way into retirement accounts and cover stocks on our radar, like we do every Thursday. But first, earning season is heating up. Yesterday, our colleagues discussed ASML 's results, and we were tempted to also discuss Tai ...

This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Three months after disclosing a $4.3 billion loss, Capital One’s profit jumped 80% year-over-year in the third quarter. Its revenue surged 53%. And its net interest income rose 54%, according to an earnings report released Tuesday. Beyond that, the bank announced a plan this week to repurchase as much as $16 billion of its own common stock – and to increase its divid ...

On paper, the U.S. economy still looks solid. A tech investment boom is boosting the stock market and the headline unemployment rate remains near historic lows . But with the federal government shutdown halting the release of jobs and inflation reports, policymakers and investors have been left without the hard data that normally anchors their view of the economy. In its absence, unofficial signals are gaining ground as alternative recession indicators. These are the everyday measures that often flash re ...

“That should send off alarm bells,” says Zandi – particularly considering unemployment is still relatively low at 4.3pc.High levels of auto loan delinquencies are a clear sign of stress among lower and middle income households, says Mark Zandi, the chief economist at Moody’s Analytics.“We may, we probably will, have some defaults and it’s not going to be pretty.”“There’s been a lot of lending in there and if there’s weakness in consumer capabilities, then we’re going to have a problem. It doesn’t necessaril ...

And right now we are 2 minutes away from the end of the trading day. Romaine Bostick alongside Katie Greifeld taking you through to that closing bell. Let's go.Worker Oh my gosh, there's Carol Massar I haven't seen her all week long. Carol Time off, huh. Bailey Lipschultz in today, I assume.Ramon All I'm going to say is that I was on on Monday. We were up one and a half percent. We're up today.I'm the lucky charm. If you guys want to buy some call options, bring me on. Bailey Lipschultz the bookend to quite ...

Core Insights - U.S. regional bank stocks experienced significant declines on October 16, 2025, due to emerging signs of credit stress in the banking sector [1] - Zions Bancorporation and Western Alliance Bancorporation reported substantial losses linked to troubled business loans, leading to a drop in their stock prices [2] Regional Banking Sector - The recent selloff in regional banks was triggered by a series of bankruptcies, notably the September bankruptcies of subprime auto lender Tricolor and auto parts supplier First Brands, which have raised concerns about interconnected risks within the financial system [3] - Jefferies Financial Group's asset management unit reported holding $715 million in receivables associated with First Brands' customers, highlighting potential hidden credit risks among U.S. banks, particularly smaller regional institutions [4] Market Volatility - The iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) saw a gain of 9.3% on October 16, 2025, indicating rising market volatility, while the SPDR S&P 500 ETF (SPY) lost 0.7% on the same day [5] - The regional banking sector had already faced turmoil earlier in 2023 following the collapse of Silicon Valley Bank, suggesting ongoing instability [5] Investment Alternatives - Investors are turning to Treasuries as a safe haven, with the iShares 7-10 Year Treasury Bond ETF (IEF) gaining 0.5% on October 16, 2025, as two-year yields dropped to 3.37% [6] - Money-market-based ETFs, such as the iShares Ultra Short Duration Bond Active ETF (ICSH), are gaining traction due to lower interest rate risks, with the ETF yielding 4.70% annually [7] - International bond markets are also seen as a potential cushion amid U.S. financial system jitters, with the Vanguard Total International Bond ETF (BNDX) currently yielding 4.31% annually [8] - The Consumer Staples Select Sector SPDR Fund (XLP) is viewed as a safe, non-cyclical investment, likely to remain stable despite the ongoing U.S. government shutdown [9]

Credit washing emerges as a growing concern as synthetic fraud and misrepresentation tactics evolveLAS VEGAS, Oct. 16, 2025 (GLOBE NEWSWIRE) -- New analysis from TransUnion (NYSE: TRU) released at this week’s Auto Finance Summit reveals that fraud-related charge-off losses in auto lending are not only significant—they are dramatically higher than those seen in other consumer credit product types. Synthetic identity fraud, which occurs when real and fake information are combined to create a new, fictitious i ...

General Motors Financial sold $2 billion of auto loans to at least one investor in a private deal last quarter, a rare case of the auto lending giant turning to non-public markets to get financing, according to people familiar with the matter https://t.co/Y41Bb36USy ...

Michael Tannenbaum, CEO of Figure (NASDAQ:FIGR), has recently noted that Tricolor bankruptcy made headlines and for “good reason.” The Texas-headquartered auto lender had allegedly “double-pledged” hundreds of millions of dollars in car loans to various banks like JPMorgan and Fifth Third. What appeared to be a liquidity issue actually turned out to be “something far worse: a data integrity problem.”Michael Tannenbaum of Figure explained in a blog post the system “couldn’t tell who actually owned what.”He p ...