BNET Industries
GMAC LLC (GOM) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $31.4B
- Profit
- Dec 31 2007
- ($2.3B)
- Market Cap
- Jul 23 2008
- $702.1K
Latest News and Analysis
GMAC Global Relocation Services To Host Webinar on Doing Business in Poland
July 17 Presentation Will Address Important Nuances of Poland's Society and Culture OAK BROOK, Ill., July 15 /PRNewswire/ -- GMAC Global Relocation Services (http://www.gmacglobalrelocation.com/) will offer a complimentary "Webinar" presentation exploring aspects of doing business and living in Poland. Titled "Understanding Poland," the Webinar is on...
Care Investment Trust Inc. Names Frank E. Plenskofski as Chief Financial Officer and Treasurer
NEW YORK, July 11 /PRNewswire-FirstCall/ -- Care Investment Trust Inc. ("Care" or "Company"), today announced the election of Frank E. Plenskofski as chief financial officer and treasurer effective July 8, 2008. Mr. Plenskofski replaces Robert O'Neill, who has left the Company to pursue other professional opportunities. ...
Advantus Launches High-Yield Mortgage Strategy for Institutional Investors
ST. PAUL, Minn., July 9 /PRNewswire/ -- Advantus Capital Management is taking advantage of the downturn in the mortgage securities market to launch a high-yield mortgage investment strategy, and the firm has added a portfolio manager to oversee it. "The timing to enter this market is excellent...
Bibby Financial Services Announces Appointment of David Fortner, VP Sales
ATLANTA -- Bibby Financial Services BFS is pleased to announce the appointment of David Fortner as VP of Sales, specializing in its Export Finance product. David will be based out of Atlanta, Georgia. David joins BFS with fifteen years of experience in the accounts receivable finance and factoring...
Fitch Takes Various Actions on GMAC 1998-C2
NEW YORK -- Fitch downgrades GMAC Commercial Mortgage Securities, Inc., series 1998-C2 as follows: --$25.3 million class L to 'CC/DR3' from 'CCC/DR1'. In addition, Fitch upgrades the following classes: --$88.6 million class F to 'AAA' from 'AA+'; --$44.3 million class G to...
Swedish financial group SEB acquires factoring company in Poland
NORDIC BUSINESS REPORT-2 July 2008-Swedish financial group SEB acquires factoring company in PolandC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com Swedish financial group SEB said on Wednesday (2 July) that it has agreed to acquire GMAC CF Sp. z o.o., the Polish factoring and promissory note discounting operation of the global...
GMAC Commercial Finance Announces the Sale of its Poland Factoring Business to SEB
NEW YORK, July 2 /PRNewswire/ -- GMAC Commercial Finance GMAC CF announced today that it has agreed to sell 100 percent of its shares in GMAC CF Sp. z o.o CF Poland to North European financial group SEB Skandinaviska Enskilda Banken AB. CF Poland is a factoring and promissory...
NAACP Calls for National 'Day of Action' Against Mortgage Discrimination
Studies show African Americans are given more costly, riskier loans regardless of credit history or income BALTIMORE, July 2 /PRNewswire/ -- NAACP units across the country participated in a national 'Day of Action' against discriminatory mortgage lending today by demanding that several of the nation's top lenders...
GMAC promises Chinatown site is one you can bank on
GMAC Real Estate International Properties Group is marketing 17 Chatham in Chinatown, one of the latest available real estate gems in New York GMAC believes a bank would benefit from both the neighborhood and the business. The building's distinctive architectural design makes it a standout in the neighborhood...
Video: GMAC Insurance Reveals Ways for Drivers to Cut Costs on the Road
Insurer Provides Tips to Reduce Transportation Costs and Offers Low-Mileage Discount ST. LOUIS, July 1 /PRNewswire/ -- This Fourth of July, as more people embrace the notion of a "staycation" over their typical holiday travels, GMAC Insurance offers ways for people to cut back even more on...
GMAC Financial Services to Promote Financial Literacy for Community Service 2008
GMAC to Participate in 16 Events Across the United States DETROIT, July 1 /PRNewswire/ -- In an effort to provide Americans with a better understanding of money management and financial literacy, GMAC Financial Services is proud to announce its participation in the financial services industry's Community Service...
Twin Cities Financial Service Leaders Celebrate Community Service 2008 with Kickoff Event at Junior Achievement's BizTown
MINNEAPOLIS -- Several Twin Cities members of The Financial Services Roundtable FSR including U.S. Bancorp, Bank of the West, Wells Fargo, Ameriprise, GMAC Financial Services and RBC Bank, joined nearly 100 Twin Cities school age kids at Junior Achievement's BizTown on July 1 to celebrate the national start of Community...
Agent charged in death of N.C. insurance investigator: Dilworth Agency founder Michael Arthur Howell held in connection with death of state sleuth
The tension between regulators and insurance brokers can be nettlesome at times, but few events in recent memory approach in venom those that transpired in North Carolina in May. For the first time in the memory of the North Carolina Department of Insurance, a state examiner was murdered...
Despite Current Economic Climate, Financial-Services Companies are Still Transferring Key Employees into Emerging Markets Due to Perceived Lack of Local Talent
Companies Are Focusing on Standardizing Policies and Taking Extra Care to Select the Right Candidate, According to Survey by GMAC Global Relocation Services OAK BROOK, Ill. and LONDON, June 30 /PRNewswire/ -- When it comes to transferring employees around the globe, the majority of the world's financial-services...
GMAC Financial Services Unifies Marketing Effort With Selection of Global Agency of Record
NEW YORK, June 30 /PRNewswire/ -- GMAC Financial Services announced that it has selected a marketing team led by BBH New York as its new global marketing agency of record. The decision follows a comprehensive agency selection process, as GMAC plans to strengthen its customer relationships and build...
Compare California Auto Insurance Online at OnlineAutoInsurance.com
LOS ANGELES, June 30 /PRNewswire/ -- http://www.onlineautoinsurance.com/, an online extension of Auto Solutions Insurance Services, offers California residents the ability to instantly compare auto insurance quotes online from many appointed carriers such as Drive from Progressive, Infinity, GMAC, Bristol West and more, all with one simple process. ...
CPA Appoints New Chief Financial Officer and Commercial Director
ST HELIER, Jersey, June 26 /PRNewswire/ -- CPA, a leading provider of outsourced legal support services and the world's top intellectual-property management specialist, is pleased to announce the appointment of Bill Fagan as Chief Financial Officer and Paul McGolpin as Commercial Director. Both Fagan and McGolpin will be members...
Fitch Downgrades 3 Classes of GMAC Commercial Mortgage Securities 2001-C1
NEW YORK -- Fitch Ratings has downgraded three classes of GMAC Commercial Mortgage Securities, Inc.'s mortgage pass-through certificates, series 2001-C1, as follows: --$13 million class L to 'B' from 'B+'; --$4.3 million class M to 'CCC/DR1' from 'B-'; --$4.3 million class N to 'CC/DR2'...
GMAC Financial Services Honors 2008 Presidential Scholars
During National Recognition Week, 139 Distinguished High School Graduates Will Be Commended WASHINGTON, June 23 /PRNewswire/ -- GMAC Financial Services will join the White House Commission on Presidential Scholars, the U.S. Department of Education and the non-profit Presidential Scholars Foundation this week to honor a select group...
Whitehall Jewelers Files for Chapter 11 Reorganization
CHICAGO -- Whitehall Jewelers Holdings, Inc. (OTCBB:WHJH), announced today that it and its operating subsidiary Whitehall Jewelers, Inc. have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code. The filings were made today in the U.S. Bankruptcy Court for the District of Delaware. Whitehall plans to...
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- Incorporated: 1919
- CEO: Mr. Alvaro G. de Molina
GMAC is a financial services firm with operations in approximately 40 countries. Co.'s Global Automotive Finance segment extends automotive financing services primarily to franchised General Motors Corporation dealers and their customers through two reportable segments, North American Automotive Finance operations and International Automotive Finance operations. Co.'s Mortgage business is a real estate finance company focused mainly on the residential real estate market. Co.'s Insurance business offers automobile service contracts, personal automobile insurance coverages, selected commercial insurance coverages, and other consumer products, as well as provide certain reinsurance coverages.
Key Competitors
GMAC LLC Company Info
Board of Directors
Mr. J. Ezra Merkin
Chairman
Mr. G. Richard Wagoner Jr.
Mr. Frederick A. Henderson
Mr. Mark R. LaNeve
Mr. Walter G. Borst
Mr. W. Allen Reed
Mr. T. K. Duggan
Mr. Douglas A. Hirsch
Mr. Robert W. Scully
Mr. Mark A. Neporent
Mr. Lenard B. Tessler
Mr. Frank W. Bruno
Mr. Seth P. Plattus
Mr. Michael S. Klein
Contact Information
200 Renaissance Center
P.O. Box 200
Detroit, MI
313 556-5000
NAICS Code
Consumer Lending: 522291Brought to you by IBMSponsored Resources
