Ally Financial is set to exit the mortgage origination and credit card businesses. It intends to right-size the organization ...

China Association of Automobile Manufacturers (CAAM) released vehicle production and delivery data in the country for 2024.

About 2,400 people work for Ally in Charlotte. The company said it would cut “less than 5%” of its workforce to help ...

Brandon Berman, an analyst from Bank of America Securities, reiterated the Buy rating on Ally Financial (ALLY – Research Report). The ...

While the online retailer is facing much criticism and serious allegations from the investment community, Carvana gained more ...

We came across a long thesis on Ally Financial Inc (NYSE:ALLY) on ValueInvestorsClub by SamPR. In this article we will ...

Ally Financial became an independent publicly traded firm in 2014 and is one of the largest consumer auto lenders in the country. While the firm has expanded its product offerings over time ...

Ally Financial said Wednesday it will enact a layoff of less than 5% of its 11,000-employee workforce, as well as exit the mortgage-origination business, as the company is burdened by borrowers ...

Ally Financial Inc. will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card business ...

Why it matters: While Ally Financial is best known for its auto lending business, the firm has long held a modest but material mortgage lending business, with mortgages making up more than 12% of ...