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UPDATE: This story includes information from Ally's earnings call and commentary from analysts. Ally Financial's new management is confident that its recent problems, which stem from some borrowers ...

As the cost of living increases, people find it difficult to repay their loans. Thus, Ally Financial is witnessing an increase in delinquencies in its retail auto-loan business.

The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions. Ally CEO touted the move as "the power of focus." ...

Banking Ally Financial shares plunge as lender says consumers are struggling to pay back car loans Retail car-loan delinquencies rise above expectations ...

Wells Fargo upgraded Ally Financial (NYSE:ALLY) to Equalweight from Underweight as its interest rate tail risk diminishes and ...

Ally Financial Inc. (NYSE:ALLY) delivered stronger-than-expected second-quarter results on Friday, propelled by a solid performance in its core auto finance division. Shares of the digital banking ...

Ally Financial Inc Chief Executive Officer Jeffrey Brown said in a conference call with analysts on Thursday: * Ally probably has not taken enough credit risk in auto loans in recent years * Ally ...

Ally Financial Inc <ALLY.N>, the largest U.S. auto loan company, reported a 37 percent fall in quarterly profit as it adapts to lost leasing business from General Motors.