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Ally Financial restructures with an eye toward auto business

Ally Financial restructures with an eye toward auto business

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LAS VEGAS — Digital bank Ally Financial is undergoing a multiyear restructuring initiative as it looks to reduce headcount, streamline operations and implement new technology. The $197 billion bank aims to deploy the resources it has saved toward its auto lending and corporate banking arms, Chief Executive Michael Rhodes said during a panel at Fintech […]



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