CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
Ally Financial Inc. will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card business as borrowers have struggled to pay down costly debt. The Detroit-based ...
The Seattle-based bank will close up shop on originations by mid-March, concluding more than 100 years in the industry.
Two smaller banks recently saw large insider stock purchases. One beat the market last year, while the other lagged behind.
Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Ally Financial Inc. will cut jobs, end mortgage ...
About 2,400 people work for Ally in Charlotte. The company said it would cut “less than 5%” of its workforce to help ...
DETROIT (AP) — DETROIT (AP) — Ally Financial Inc. (ALLY) on Wednesday reported fourth-quarter earnings of $108 million. On a per-share basis, the Detroit-based company said it had net income of 26 ...
In a report released today, Brian Foran from Truist Financial maintained a Buy rating on Ally Financial (ALLY – Research Report). The company’s ...
Ally Financial’s fourth-quarter auto originations climbed year over year as the bank prioritized its auto lending business.
Citi analysts, led by Keith Horowitz, maintained a Buy rating on Ally Financial (NYSE:ALLY) with a steady price target of $55 ...
Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered ...
DETROIT (AP) — DETROIT (AP) — Ally Financial Inc. (ALLY) on Wednesday reported fourth-quarter net income of $108 million. The Detroit-based company said it had profit of 26 cents per share.