Morning Scan: Overheated Auto Lending Sector Worries Dimon; Tougher ...
06/03/16
Receiving Wide Coverage ...
Auto Loans in the Spotlight: All of those TV and radio advertisements from car dealerships could be coming back to bite the banks making loans for new cars. Speaking about the overheated market for auto lending, Jamie Dimon, CEO of JPMorgan Chase, said "someone is going to get hurt." Not JPMorgan, of course. "It won't be us," Dimon said. Probably community banks. ...
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