Browsing: Ally

Auto lender Ally Financial said Wednesday that it’s officially ending its foray into credit cards under a broader restructuring, even as credit issues in its flagship…

Well, 2025 is off to a rough start with one fairly large mortgage lender calling it quits already.Ally Financial is reportedly done with mortgage lending entirely,…

Photographer: Tiffany Hagler-Geard/BloombergBloomberg News Ally Financial is exploring a sale of its credit card arm, according to people familiar with the matter, after getting back into…

UPDATE: This story includes information from Ally’s earnings call and commentary from analysts.Ally Financial’s new management is confident that its recent problems, which stem from some…