The deal including roughly $2 billion of card balances could be struck by summer.
, opens new tab, a source familiar with the matter told Reuters. Goldman Sachs has been looking for "strategic alternatives" for its consumer unit since last year after its CEO David Solomon ...
Goldman Sachs declined to comment on the report, while GM and Barclays did not immediately respond. Goldman Sachs had planned to scrap its co-branded credit cards with GM last November. The credit ...
In a move that reflects a broader reassessment of its consumer lending efforts, Goldman Sachs Group Inc. (NYSE:GS) is ...
An unnamed individual close to the matter has told the Wall Street Journal and other news sources that GM is working on getting Barclays to replace Goldman Sachs as the company handling issuance ...
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Cardless launches two new Avianca credit cards, which can be great for U.S. travelers, even those who may not fly often on ...
(Reuters) - General Motors and South Korean battery firm LG Energy Solution reached a settlement to establish a $150 million ...
Goldman Sachs GS0.76%increase; green up pointing triangle is in talks to transfer its General Motors GM 0.44%increase; green up pointing triangle credit-card program to Barclays BARC 0.47%increase ...
NEW YORK (Reuters) -General Motors is in talks with Barclays for a credit card partnership deal that will replace existing partner Goldman Sachs, a source familiar with the matter told Reuters.
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Barclays is the leading candidate to take over issuance of the credit cards, which have about $2 billion of outstanding balances, the report said. Goldman Sachs is in talks to transfer its General ...