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

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

Carvana is benefitting from stronger used car pricing and a more refined loan agreement with Ally Bank. Read why CVNA stock ...

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

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

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 as borrowers have struggled to pay down costly debt. The Detroit-based ...

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 ...

Ally has been in the Charlotte market since 2009. It provides services such as auto finance, banking, home loans and investing. The company’s corporate center is inside a 26-story office ...