Tag: Ally

Inflation, high interest rates, and rising unemployment have put considerable pressure on consumers, which has created challenges for Ally Financial. ...

Once known as GMAC, Ally Bank has a deep background in auto finance, dating back to 1919. As the company ...

The term “widow and orphan stock” dates back to the 1930’s and is used to describe “mature companies with fat ...

Acquiring credit card portfolios is a relatively straightforward process. When a portfolio seller chooses to exit or trim down business exposure, ...

Today’s NYTimes provides a view on how credit card companies are positioning their businesses for unforeseen issues durng the Coronavirus ...

Is traditional retail banking facing a “death by a thousand knives?”  Today’s installment of this ever-present question looks at online-only ...