This Bank Was Downgraded by Barclays. Here's What That Means
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2023-01-23 18:30
This Bank Was Downgraded by Barclays. Here's What That Means
Ally Financial is one of the largest banks in the country, with close to $200 billion in assets and over 11 million customers. Ally is known for its great customer service, low fees, and no-hassle banking experience. But recently, its reputation took a hit when Barclays downgraded it from "Overweight" to "Equal Weight." On top of that, Bank of America (BofA) also downgraded Ally by two notches to "Underperform." So what does this mean for consumers? Here's why Barclays downgraded Ally and how this will affect bank account holders.

https://www.fool.com/the-ascent/banks/articles/this-bank-was-downgraded-by-barclays-heres-what-that-means/

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