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Ally Financial Inc.
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Summary
location iconCharlotte, North Carolina
website
company sizeCompany size: 5000+
total assetsTotal Assets: $50B+

Ally Financial Inc is a financial services business that provides a broad range of consumer and commercial banking services, investment management and wealth management solutions, and investment banking services including mergers & acquisitions, financings, and other financial services.

Categories
Commercial Banks
Investment Management
Investment Banks
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Ally Financial Inc. - Recent News & Articles

Fintech unicorn Zepz to lay off 20% of its global workforce, sources say

London-based fintech Zepz is laying off around 200 IT workers as part of a major redundancy plan, two employees impacted by the move told CNBC. Zepz confirmed to CNBC it is eliminating roles to “susta...

Source: CNBC

Consumer sentiment drops sharply in February as inflation worries soar

The University of Michigan’s gauge of consumer sentiment fell to 67.8 in a preliminary February reading, down from 71.1 in the prior month and the lowest reading since July. Economists polled by the ...

Source: MarketWatch

The BNPL Boom: The Good, The Bad, and The Regulatory Challenge

In the summer of 2022, a young marketing executive in London, eager to revamp her wardrobe, clicked “Pay in 4” at checkout. The process was seamless—no credit check, no hassle, and most importantly, n...

Source: Finextra

India’s central bank cuts rates for the first time in nearly five years, forecasts faster growth next year

The Reserve Bank of India has cut its key interest rate for the first time in nearly five years, as cooling inflation has offered room to stimulate the slowing economy. The central bank forecast real ...

Source: CNBC

Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation

In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...

Source: CNBC

How AI Agents and Crypto Will Revolutionize Commerce

Web3 technologies are poised to transform the world of commerce just as Web2 revolutionized access to information. The result will be a vast, open, liquid digital marketplace where all physical goods ...

Source: Coindesk

‘Leveraged to the hilt’: PE-backed firms hit by wave of bankruptcies

Higher interest rates and lower consumer spending are squeezing debt-laden companies backed by private equity groups, forcing them to either restructure through bankruptcy or buy time to recover via o...

Source: Financial Times

China keeps benchmark lending rates unchanged as it contends with a weakening yuan

The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...

Source: CNBC

WaFd sheds 8% of staff with mortgage exit

WaFd Bank is exiting the single-family mortgage lending business, spurring an 8% reduction in the lender’s workforce, the Seattle-based bank said Thursday. The job cuts affect 174 employees, based on ...

Source: Banking Dive

Bankers hope for IPO revival in 2025 as high-profile listings stack up

Investment bankers are gearing up for a pickup in dealmaking activity in global equity capital markets this year, buoyed by a promising pipeline of anticipated initial public offerings of several high...

Source: Reuters