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Ally Financial Inc.
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Summary
location iconCharlotte, North Carolina
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

20 banks that are sitting on huge potential securities losses—as was SVB

SVB Financial Group, decades-long focused on the venture capital industry, faced a perfect storm, but there are plenty of other banks that would face ...

Source: MarketWatch
https://finance.yahoo.com/news/norinchukin-eyes-assets-including-clos-014942422.html

Norinchukin Bank will consider investing in a range of assets as it braces for massive losses on the sale of roughly 10 trillion yen ($63 billion) in ...

China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings

China's yuan is in the midst of a steep decline as holders of the currency eye the risk of US sanctions. The value of the yuan slumped against Russia'...

Regional Banks Want to Slim Down. Hedge Funds Smell a Bargain.

Regional banks around the U.S. are striking complex and costly bargains with hedge funds, hoping to insulate themselves from a replay of the turmoil t...

IMF warns US on ballooning fiscal burden

The IMF’s second-in-command has urged the US to shrink its mounting fiscal burden, saying strong growth in the world’s largest economy gave it “ample”...

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Moody’s puts several U.S. regional banks on downgrade review over commercial real-estate concerns

Moody’s Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid conc...

Source: MarketWatch
ECB cuts key interest rates by 25 bps even as outlook on inflation revised up

The European Central Bank cut its policy rates by 25 basis points, as expected, on Thursday, its first cut in almost five years amid signs that price ...

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Bank of Canada Cuts Policy Rate to 4.75%, Signals More Easing Possible

The Bank of Canada cut on Wednesday its main interest rate by a quarter-percentage point, becoming the first Group of Seven central bank to provide ra...

Source: MarketWatch
Europe May Soon Discover the Limits of Decoupling on Rates

Monetary policy in advanced countries is diverging in a manner that was thought highly unlikely just a few months ago. A major question facing many c...

Jamie Dimon says there could be 'hell to pay' if the swelling private-credit market starts showing cracks

JPMorgan Chase CEO Jamie Dimon said private credit could spark turmoil if the opaque sector of financial markets weakens. "There could be hell to pay,...

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