J.P. Morgan Securities LLC and Sullivan & Cromwell LLP advised Ally on the financial and legal aspects of the deal, ...

WOODBURY, N.Y., April 1, 2025 /PRNewswire/ -- CardWorks, Inc. closed the acquisition of Ally Financial's credit card portfolio and platform today, including a team of talented individuals and 1.3 ...

Welcome to the Ally Financial first quarter 2025 earnings ... take a moment to express my gratitude to our entire team and for CardWorks for getting this deal across the finish line.

In the fourth quarter of 2024, Ally reached an agreement to sell its credit card business to CardWorks ... are excluded from adjusted metrics. Ally Financial reported EPS of 78 cents, beating ...

Despite a Q1 net income loss, Ally Financial achieved a better-than-expected adjusted EPS of $0.58. Read why I upgrade ALLY ...

DETROIT (AP) — DETROIT (AP) — Ally Financial Inc. (ALLY) on Thursday reported a first-quarter loss of $225 million, after reporting a profit in the same period a year earlier. On a per-share ...

Financial services company Ally Financial (NYSE:ALLY) has reached an agreement to sell its credit card business to CardWorks. The transaction is expected to close in 2025, subject to the ...