<div id="readability-page-1"><div> <p>Shares of banks and other financial institutions rose as traders bet the Federal Reserve would continue cutting interest rates.</p> <p>   One money manager said consumer credit quality remained a concern, with &#34;subprime&#34; auto-loan delinquencies set to linger near records. </p> <p>   &#34;Even as consumers face higher interest rates on auto loans, they are getting hit by falling trade-in values,&#34; said analysts at money manager Ares Management, in a note to clients. </p> <p>   Jeffry Schneider, one of two men convicted of fraud and conspiracy involving defunct private-equity firm GPB Capital Holdings, wants the judge in the $1.8 billion case to reduce his sentence to time served, even though he has yet to set foot inside a federal prison cell. </p> <pre></pre> <p>   Write to Rob Curran at rob.curran@dowjones.com </p> <p>   (END) Dow Jones Newswires</p> <p>   December 19, 2025 17:33 ET (22:33 GMT)</p><p>Copyright (c) 2025 Dow Jones &amp; Company, Inc.</p></div></div>

ARES

<p>金融股上涨，因为交易员预计美联储将进一步降息。消费者信用质量的担忧依然存在，次级汽车贷款违约率接近历史高位。ARES Management 的分析师指出，消费者面临更高的汽车贷款利率和下降的置换价值。Jeffry Schneider 在 18 亿美元的 GPB Capital 欺诈案中寻求减轻刑罚</p>

金融股因对美联储的押注而上涨——金融股综述