is ally bank and ally financial the same
On May 15, 2009, GMAC Bank changed its name to Ally Bank. In May 2010, GMAC re-branded itself as Ally Financial. In September 2010, the company sold its resort finance business to Centerbridge Partners. In 2012, the company sold its Canadian banking operations to Royal Bank of Canada for $3.8 billion. In April 2014, the company became a public company via an initial public offering. In 2015, it moved its headquarters to One Detroit Center. In June 2016, the company acquired TradeKing, a brokerage firm, which was rebranded as Ally Invest.
Ally Financial