The bank also announced plans to exit the mortgage origination business this quarter. Ally is exploring strategic ...

As mortgage rates are expected to remain higher for longer, Ally Financial ALLY will be exiting the mortgage origination ...

Bloomberg reported last month that the company was likely exploring the sale of its credit card unit. Ally gave the business ...

During a recent industry conference, Ally Financial's CEO hinted at reducing priorities for non-core segments like credit cards and mortgage. Ally Financial Inc. (NYSE: ALLY) CEO Michael Rhodes ...

About 2,400 people work for Ally in Charlotte. The company said it would cut “less than 5%” of its workforce to help ...

About Ally Bank Ally offers a wide range of products. In addition to the offerings listed above, Ally also has credit cards and loans for medical treatments. It's part of the Allpoint ATM network ...

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About eight months into the job, Ally CEO Michael Rhodes said this week he’s taking a “hard look” at areas of opportunity for the bank, noting its credit-card business is not at the top of ...

Ally Financial said Wednesday it will enact a layoff of less than 5% of its 11,000-employee workforce, as well as exit the mortgage-origination business, as the company is burdened by borrowers ...

Ally Financial Inc. will cut jobs, end mortgage originations and consider strategic alternatives for its credit-card business ...