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(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, ...

Financial services company Ally Financial ( NYSE: ALLY) has reached an agreement to sell its credit card business to ...

Plans for the sale were hinted at earlier this year, a month after the CEO said the business wasn’t within Ally’s core focus.

Sale enables Ally to be more focused on its core businesses; acquisition enhances CardWorks' position as a leading credit ...

Sale enables Ally to be more focused on its core businesses; acquisition enhances CardWorks' position as a leading credit card issuer and servicer CHARLOTTE, N.C. and WOODBURY, N.Y., Jan. 22 ...

Jan 22 (Reuters) - Consumer lender Ally Financial (ALLY.N), opens new tab has agreed to sell its credit card business to credit and payments firm CardWorks, the companies said on Wednesday.

Sale enables Ally to be more focused on its core businesses; acquisition enhances CardWorks' position as a leading credit card issuer and servicer "Ally's decision to sell its credit card ...

Ally Financial will sell its credit card business to CardWorks and its bank subsidiary, Merrick Bank, for an undisclosed sum, the lenders announced Wednesday. Ally said this month that it was ...