BOSTON — GMAC LLC and a bank lobby group are butting heads over the high interest rates GMAC's bank unit is paying for deposits, with bankers saying GMAC is unfairly subsidized by federal funds. In ...
Ally Financial Inc. said it will rebrand its GMAC consumer- and dealer-related auto finance operations in North America as Ally, continuing to phase out its old name. Ally, formerly GMAC Inc., took ...
Come August 23, GMAC’s auto lending business will be brought under the Ally Financial banner. While GMAC had already rebranded its other financial divisions, the auto business still went by GMAC. The ...
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Unpacking Q3 earnings: Ally Financial (NYSE:ALLY) in the context of other consumer finance stocks
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Ally Financial (NYSE:ALLY) and the best and ...
DETROIT — This morning, Ally Financial announced it will rebrand its GMAC consumer and dealer-related auto finance operations in the U.S., Canada and Mexico with the Ally name. This follows the ...
The banking unit of ailing auto financer GMAC is changing its name. Starting today, GMAC Bank becomes Ally Bank -- not to be confused with the over-the-counter weight loss drug, Alli (although after ...
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