(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, ...

CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...

Ally Financial shares surged Wednesday after the financial firm topped earnings and revenue estimates as it cut costs, and ...

The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.

Ally Financial’s ALLY fourth-quarter 2024 adjusted earnings of 78 cents per share handily surpassed the Zacks Consensus ...

Ally Financial Inc. and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire Ally's credit ...

TD Cowen raised the firm’s price target on Ally Financial (ALLY) to $41 from $40 and keeps a Buy rating on the shares. The firm said the Q4 ...

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

Ally Financial (ALLY) and CardWorks announced they have entered into a definitive agreement for CardWorks, and its wholly-owned bank ...

Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered ...

Financial services company Ally Financial ( NYSE: ALLY) has reached an agreement to sell its credit card business to ...

Plans for the sale were hinted at earlier this year, a month after the CEO said the business wasn’t within Ally’s core focus.