Ally Financial inches up after report company weighing sale of credit card business
** Shares of consumer lender Ally Financial ALLY.N spike higher; last up 3.4% at $34.89 in afternoon trading
** ALLY is exploring a sale of its credit card arm, Bloomberg News reports, citing people familiar with the matter
** Company working with financial adviser to find buyers for the unit, report says
** ALLY bought the unit for $750 mln in 2021, then known as Fair Square Financial
** As of last close, ALLY shares up 6.5% YTD
Reporting by Arasu Kannagi Basil in Bengaluru
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