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Ally Financial: A Share Cannibal With a Growing Deposit Base (Ticker: ALLY) with Jacob Franklin

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Ally Financial's Strategy for Growth

The speakers discuss how Ally Financial is aiming to broaden their offerings and deepen customer relationships by providing investment products, credit cards, and mortgage origination services. They highlight the advantages of being an actual bank and how this gives Ally a competitive edge over digital-only banks. The chapter also touches on the potential risks and concerns associated with Ally's expansion into new businesses.

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