Ally Financial

Ally Financial has postponed its $6 billion initial public offering.
Ally Financial is delaying a $5 billion initial public offering due to unfavorable market conditions.
ING Groep’s U.S. online bank has received bids from firms, including General Electric and Capital One Financial.
U.S. banks, including Bank of America and JPMorgan Chase, have proposed to pay $5 billion to settle claims by the federal and state officials over improper mortgage-servicing practices.
The Federal Reserve has announced formal enforcement actions against 10 banks over their “pattern of misconduct” and negligence related to residential mortgage loan servicing and foreclosure processing.
Ally Financial is seeking to raise around $5 billion in an initial public offering.
Ally Financial has completed the refinancing of its credit facility worth $15 billion.
Results of recent stress tests by the Federal Reserve on the banking industry suggests that the U.S. is heading back into crisis, according to Institutional Risk Analytics, reports Housing Wire.
General Motors has raised $1 billion in a sale of fixed rate perpetual preferred stock of Ally Financial.
U.S. bank holding company, Ally Financial, is planning to launch a new initial public offering.