Ally Financial Inc.

Ally Financial Inc. is a bank holding company headquartered in Detroit, Michigan, United States at Tower 200 of the Renaissance Center. The bank has more than 15 million customers worldwide and provides a range of financial services including auto financing, insurance, mortgage services, and online banking. In 2009, Ally employed 18,900 people. In 2008, the firm provided financing to 75% of the 6,450 GM dealers. On 24 December 2008, the Federal Reserve accepted then-GMAC's application to become a bank holding company. Ally returned to profitability in 2010, posting a net profit of $1.075 billion for the fiscal year. Ally planned an initial public stock offering in 2011. As of December 2010, 73.8% of Ally was owned by the United States...