Ally’s ResCap Unit Said to Hire Centerview for Restructuring

Tuesday, November 8th, 2011

Ally Financial Inc.’s unprofitable Residential Capital LLC mortgage unit hired Centerview Partners LLP to advise on a restructuring and negotiations with creditors, said people familiar with the matter. Find more info about Ally’s ResCap Unit Said to Hire Centerview for Restructuring photos videos pictures. read more

Indian Stocks Fall on Oil Rally, Government Ally Withdrawal

Monday, March 7th, 2011

India’s benchmark stock index fell the most in a week as an oil-price rally stoked inflation concerns and an ally of Prime Minister Manmohan Singh vowed to pull out of his ruling coalition. Find more info about Indian Stocks Fall on Oil Rally, Government Ally Withdrawal photos videos pictures. read more

Libya War Prompts Chavez, Arab Mediation Offer Amid Attacks

Thursday, March 3rd, 2011

The Arab League said it’s weighing an offer by Venezuela’s Hugo Chavez to mediate in Libya’s civil conflict, as his ally Muammar Qaddafi struggles to break out of his Tripoli base and regain rebel-held parts of the country. Find more info about Libya War Prompts Chavez, Arab Mediation Offer Amid Attacks ...

Ally and GM: Once Family, Now Rivals

Wednesday, March 2nd, 2011

The carmaker wants to create more competition in auto financing Find more info about Ally and GM: Once Family, Now Rivals photos videos pictures. read more

Treasury to Sell Ally Securities in Exit Step

Wednesday, March 2nd, 2011

The U.S. Treasury Department plans to sell trust-preferred securities received from Ally Financial Inc. as the government unwinds its bailout of the Detroit-based auto and home lender. Find more info about Treasury to Sell Ally Securities in Exit Step photos videos pictures. read more