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JPMorgan, Fifth Third among banks facing Tricolor losses
AUTOFINANCENEWS.NETยท 2025-09-10 16:18
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]