Ally Financial Inc. is an independent, financial services firm with $182.3 billion in assets. Ally is an automotive financial services company, which provides an array of financial products and services to automotive dealers and their customers. Automotive Finance, Insurance operations and Mortgage are its primary lines of business. Ally Bank is its direct banking platform, provides its Automotive Finance and Mortgage operations. On February 28, 2013, the Company sold its business lending operations to Walter Investment Management Corp. In February 2013, Royal Bank of Canada acquired the Canadian automotive finance and deposit business of the Company. In October 2013, General Motors Financial Company Inc acquired Ally Financial Inc.'s (Ally) auto finance and financial services business in Brazil. In December 2013, General Motors Co sold its remaining 8.5 % in Ally Financial Inc.