Ally Financial’s CEO to step down early next year, shares drop

[ad_1] Oct 11 (Reuters) – Ally Financial (ALLY.N) said on Wednesday Jeffrey Brown would be stepping down as chief executive officer early next year, sending the financial services firm’s shares…

Ally Financial to lay off nearly 5% of staff

[ad_1] The logo and trading information for Ally Financial Inc appear on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., April 24,…

Factbox: Major US banks downgraded by Moody’s on worsening outlook

[ad_1] A Moody’s sign on the 7 World Trade Center tower is photographed in New York August 2, 2011. REUTERS/Mike Segar/File Photo Aug 8 (Reuters) – Ratings agency Moody’s on…