Ally Financial Inc. and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit ...

A Record Number of Consumers Are Making Minimum Credit Card Payments As Delinquencies Also Rise ...

Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire ...

With thousands of press releases published each week, it can be difficult to keep up with everything on . To help journalists ...

Ally Financial Inc.'s Q4 results alleviated some credit loss concerns, but has elevated delinquencies and an uncertain 2025 ...

Ally Financial (NYSE: ALLY) has underperformed the market over the past year, with fears of rising defaults and demand ...

Ally Financial just announced that it plans to exit the credit card and mortgage businesses. Ally plans to focus on its core businesses instead. The company just issued 2025 guidance that is very ...

As part of this, Ally is selling its $2.3 billion credit card portfolio to CardWorks and is no longer accepting new mortgage applications after Jan. 31. The company also completed a workforce ...

Ally Financial’s ALLY fourth-quarter 2024 adjusted earnings of 78 cents per share handily surpassed the Zacks Consensus ...