ALLY FINANCIAL INC. (NYSE:ALLY) Files An 8-K Regulation FD DisclosureItem 7.01 Regulation FD Disclosure.
Ally Financial Inc. is furnishing a summary of its 2018 company-run stress test results as required to the Dodd-Frank Wall Street Reform and Consumer Protection Act. The summary is attached hereto and incorporated by reference herein as Exhibit 99.1. The information in this Item 7.01 and Exhibit 99.1 is being furnished and is not deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section.
Item 9.01 Financial Statements and Exhibits.
Ally Financial Inc. ExhibitEX-99.1 2 allydfastdisclosure8k2018.htm ALLY FINANCIAL INC. 2018 DODD-FRANK ACT STRESS TEST SUMMARY RESULTS Document Ally Financial Inc.Dodd-Frank Act Stress Test 2018 Estimates in the Severely Adverse ScenarioForward-Looking StatementsThe following disclosure contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements can be identified by the fact that they do not relate strictly to historical or current facts—such as statements that describe the assumptions in the 2018 stress test or its results. Forward-looking statements often use words such as “believe,…To view the full exhibit click here
About ALLY FINANCIAL INC. (NYSE:ALLY)
Ally Financial Inc. is a financial holding company and a bank holding company. The Company’s banking subsidiary, Ally Bank, is a franchise in the Internet, telephone, mobile and mail banking market. The Company operates through three segments: Automotive Finance operations, Insurance operations and Mortgage operations. Its Automotive Finance operations segment provides automotive financing services to consumers and automotive dealers. Its Insurance operations segment offers both consumer financial and insurance products sold through the automotive dealer channel, and commercial insurance products sold to dealers. Its Mortgage operations segment includes the management of its held-for-investment mortgage loan portfolio and the execution of bulk purchases of jumbo and low-to-moderate income (LMI) mortgage loans originated by third parties. Its main lines of business are Dealer Financial Services, which includes its Automotive Finance and Insurance operations, and Mortgage.