Ally Financial is reportedly cutting staff, ending mortgage originations and rethinking its credit card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...
Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Earnings reports this season, particularly from banks, have taken note of the resilience in consumer spending, especially on debit and credit cards, in various areas of discretionary activity, including dining out and travel. Get the Full Story Complete the form to unlock this article and...
Ally Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
September 16, 2024
The banks fizzled this past week, marking the lone swath of red — measured in terms of declining stock prices — in the latest weekly reading of the CE 100 Index’s performance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional […]
January 15, 2024
Friday heralded the official kick off of earnings season, with banks leading the charge. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
January 23, 2023
Despite concerns over consumer spending, PYMNTS’ ConnectedEconomy “CE 100” Stock Index gained ground this past week, as it extended its recent run with another 1% weekly advance. Get the Full...
October 19, 2021
The only thing rising faster than digitally connected banking is the increasing consumer expectations that surround those services. In the latest Digital-First Banking Tracker, Ally Financial's Sathish Muthukrishnan discusses how...
January 22, 2025
Ally Financial has sold its credit card business to consumer finance company Cardworks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS […]
January 08, 2025
Ally Financial is reportedly cutting staff, ending mortgage originations and rethinking its credit card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
January 06, 2025
Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
October 18, 2024
Ally Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
