Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look ...
Ally Financial (NYSE: ALLY) is a bank. But it isn't your typical bank by any stretch of the imagination, given that it is highly focused on the auto lending space. That focus is increasingly in focus ...
NEW YORK — Ally Financial addressed speculation that it might venture into more subprime auto lending. The company reiterated to SubPrime Auto Finance News about its decision to concentrate on the ...
Ally Financial (NYSE: ALLY) became a standalone company in 2014 when it was spun off from General Motors (NYSE: GM). This is actually pretty important because it speaks to Ally Financial's business ...
Since Michael Rhodes became its CEO, Ally Financial has gotten bigger by thinking more narrowly. Instead of growing the company's web of businesses, the company has exited some sectors while doubling ...
Ally Financial's new Charlotte-based CEO says that while the Detroit auto lender is considering making more loans to people with nonprime credit ratings, he's not interested in ramping up lending to ...
Earlier this week, Ally Financial launched "Life Today," a refreshed brand platform and marketing campaign aimed at Gen Z and millennial customers, while also expanding its board to 12 directors with ...
Ally Financial (NYSE: ALLY) was a major beneficiary of the COVID-19 pandemic. As a consumer bank and automotive loan originator, the company saw tailwinds on both sides of its business. People who ...