Ally Financial Inc. (NYSE: ALLY) is a digital financial services company specializing in automobile loans. They were ...

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In the fourth quarter of 2024, Ally reached an agreement to sell its credit card business to CardWorks ... are excluded from adjusted metrics. Ally Financial reported EPS of 78 cents, beating ...

Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, the ...

Ally Financial has entered into an agreement to sell its credit card division. Ally Financial Inc. (NYSE: ALLY) has entered into an agreement to sell its credit card division to CardWorks Inc ...

Consumer lender Ally Financial (ALLY.N), opens new tab has agreed to sell its credit card business to credit and payments firm CardWorks, the companies said on Wednesday. Shares of Ally jumped 8.6 ...

"As servicing partner to the platform since inception, we have always admired this talented team and are thrilled to add them to the CardWorks and Merrick Bank family." Ally and CardWorks will ...

Financial services company Ally Financial (NYSE:ALLY) has reached an agreement to sell its credit card business to CardWorks. The transaction is expected to close in 2025, subject to the ...

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.

J.P. Morgan Securities LLC and Sullivan & Cromwell LLP advised Ally on the financial and legal aspects of the deal, respectively. CardWorks was advised by Cravath, Swaine & Moore LLP. This move ...

Ally Financial has agreed to sell its credit-card business to a subsidiary of credit-card servicer CardWorks for an undisclosed amount.