Michigan Tech Employees Credit Union

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Securitization

Following a boom year, Lendbuzz floats $215.7 million in auto ABS

Lendbuzz sells the notes as it juggles mixed performance results from 2023. Originations and revenues saw huge jumps, but so did operating expenses.

By Donna M. Mitchell

1h ago
Investment banking

Truist gets an earnings boost from its investment banking unit

After several quarters of slumping investment banking and trading fees, the Charlotte, North Carolina-based company reported a big uptick from that division, which helped compensate for a large decline in net interest income.

By Allissa Kline

April 22
Credit cards

American Express prepares to issue $1.6 billion from two series

Price guidance was not available on the series 2024-1, the database notes that the series 2024-2 class A notes are expected to price between 63 and 65 basis points over the three-month interpolated yield curve.

By Donna M. Mitchell

April 22