Crain's Detroit11d
Ally Financial offloads credit card business, $2.3B loan portfolio
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
American Banker12d
Ally steers back to auto after brief credit card venture
The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.
Ally Financial price target raised to $41 from $40 at TD Cowen
TD Cowen raised the firm’s price target on Ally Financial (ALLY) to $41 from $40 and keeps a Buy rating on the shares. The firm said the Q4 ...
Ally Offloads Credit-Card Business, $2.3 Billion Loan Portfolio
Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered ...