The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.
Ally Financial (ALLY) stock jumped 8.6%in Wednesday premarket trading after the lender posted stronger-than-expected Q4 ...
Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO ...
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
Our fair value estimate for Capital One is sensitive to expectations for net interest margins, credit card receivable growth, and how well the company manages its noninterest expenses. Additionally, ...
Though many households are faltering on credit card and auto loan payments, wealthier Americans keep overall spending metrics ...
Ally Financial ( ALLY 1.11%) has underperformed the market over the past year, with fears of rising defaults and demand ...
This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, ...
Capital One Financial Corp. posted a higher fourth-quarter profit as net interest margins widened and credit-card loans ...
Pubali Bank PLC and IFAD Motors Limited, a concern of IFAD Group, signed an agreement recently facilitating a 24-equal ...
President Trump emphasized the border, economic growth and energy independence in his inaugural messages Monday but his ...