TORONTO (Standard&Poor's) March 15, 2013--Standard&Poor's Ratings Services today said the regulatory stress test results announced yesterday do not affect the credit rating or outlook on Ally Financial Inc. (B+/Positive/C). On March 14, the Federal Reserve Board (Fed) announced the outcome of the 2013 Comprehensive Capital Analysis and Review (CCAR) process. Ally was subject to the capital review and related financial stress tests as a bank holding company (BHC) with more than $50 billion in assets. Of the 18 BHCs covered by this assessment, Ally was the only one with a stressed ratio of Tier 1 common equity to risk-weighted assets below the 5% minimum regulatory threshold; Ally's stressed Tier 1 common ratio was 1.5%. The Fed
