If the auto industry faces problems, such as a slowdown in sales, Ally Financial will feel the impact more than other banks. Also, if default rates on auto loans tick higher for some reason ...
If the auto industry faces problems, such as a slowdown in sales, Ally Financial will feel the impact more than other banks. Also, if default rates on auto loans tick higher for some reason ...
but the long-term impact is much less clear and potentially much less positive. There's nothing inherently wrong with Ally Financial's business. In fact, it managed to more than double generally ...
Ally Financial shares surged Wednesday after the financial firm topped earnings and revenue estimates as it cut costs, and announced it was selling its credit card business.
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