Ally drops credit card business, posts quarterly profit Banking January 22, 2025 Auto lender Ally Financial said Wednesday that it’s officially ending its foray into credit cards under a broader restructuring, even…
Ally Financial Calls It Quits on Mortgage Lending, Will Lay Off Staff Mortgage January 8, 2025 Well, 2025 is off to a rough start with one fairly large mortgage lender calling it quits already.Ally Financial is…
Ally Financial weighs sale of credit card business Banking November 23, 2024 Photographer: Tiffany Hagler-Geard/BloombergBloomberg News Ally Financial is exploring a sale of its credit card arm, according to people familiar with…
Ally CEO on earnings: ‘We can do better’ Banking October 18, 2024 UPDATE: This story includes information from Ally’s earnings call and commentary from analysts.Ally Financial’s new management is confident that its…
