Brief: Ally Financial Selling Lower-Yielding Securities With Amortized Cost Of Approximately $2.8 Billion For Proceeds Of About $2.5 Billion
04/03/2025 21:57
March 4 (Reuters) - Ally Financial Inc ALLY.N: ALLY FINANCIAL-SELLING LOWER-YIELDING SECURITIES WITH AMORTIZED COST OF APPROXIMATELY $2.8 BILLION FOR PROCEEDS OF APPROXIMATELY $2.5 BILLION ALLY FINANCIAL INC -PRE-TAX LOSS OF APPROXIMATELY $250 MILLION IN Q1 2025 ALLY FINANCIAL INC - EXPECTS REPOSITIONING TO REDUCE CET1 RATIO BY 12 BASIS POINTS Further company coverage: ALLY.N ((Reuters.Briefs@thomsonreuters.com;))
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