Ally Financial (ALLY) Announces Stress Capital Buffer
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Ally Announces Stress Capital Buffer
June 29, 2020 5:00 PM EDTCHARLOTTE, N.C., June 29, 2020 /PRNewswire/ -- Ally Financial Inc. (NYSE: ALLY) today announced that its Stress Capital Buffer (SCB) is 3.5%, as determined by the Board of Governors of the Federal Reserve System (Federal Reserve) in connection with the 2020 Comprehensive Capital Analysis and Review (CCAR).
"Ally entered the current environment with a strong capital position and resilient balance sheet," said Ally Chief Executive Officer Jeffrey J. Brown. "Our... More
