Executive compensation soars despite tanking stocks
Salaries among senior executives at publicly traded auto finance companies were flat last year, but total compensation tripled to nearly ...
Tag: Ally
Auto lenders look to bolster financial literacy
Though April was officially financial literacy month, auto lenders typically keep consumer money skills top of mind year-round. Even so, ...
Ally Financial marks 11-year record in Q1 auto originations
Ally Financial posted the bank’s highest first-quarter auto origination volume in 11 years despite low new-vehicle inventory. Auto originations increased ...
Ally Financial commits $250K in scholarship funding to Congressional Black College Foundation
Ally Financial on Feb.23 committed more than $250,000 to support legal and public policy scholarships through its partnership with the ...
Mixed NCO rates, decreased credit loss provisions mark banks’ Q4 earnings
Fourth-quarter earnings results at the auto finance industry’s publicly traded banks are in, painting a picture of continued industry strength ...
Ally Financial’s floorplan outstandings rise 46% from Q3
Ally Financial’s floorplan outstandings grew in the fourth quarter as the lender gained momentum in a rising rate environment. While ...
Longtime Ally exec Mike Kane dies
Mike Kane, vice president of consumer operations, Ally Financial John Michael “Mike” Kane, 60, a longtime senior executive at Ally ...
Ally Financial bolsters Vroom’s floorplan facility
Ally Financial has increased Vroom’s floorplan line of credit to nearly double its former amount as the online used-car retailer ...
