Barclays to Replace Goldman Sachs
As Goldman Sachs exits GM deal, Barclays hopes to benefit
The investment banking giant is selling its General Motors credit card portfolio to Barclays, which is looking to grow and diversify its U.S. cards business. It's part of Goldman's retreat from consumer banking.
Barclays to Replace Goldman Sachs as Issuer of GM Credit Cards
The deal aims to expand Barclays’s consumer ambitions in the U.S. while getting Goldman closer to exiting consumer lending.
Barclays Buys GM Credit-Card Book After Goldman Fumbles Tie-Up
Barclays Plc is taking over the General Motors Co. credit-card business from Goldman Sachs Group Inc., pouncing on the Wall Street firm’s failed effort to expand into consumer lending.
General Motors Inks Long-Term Credit Card Partnership Deal With Barclays
General Motors Co. (GM) and Barclays US Consumer Bank announced Monday they have entered into a long-term partnership agreement for
General Motors Partners With Barclays to Offer Exclusive Rewards
General Motors Company GM and Barclays US Consumer Bank have entered into a long-term agreement. Per the contract, Barclays will become the exclusive issuer of the GM Rewards Mastercard and GM Business Mastercard in the United States starting next summer.
GM, Barclays sign long-term credit card partnership agreement
Company-branded credit cards can be a major win for banks, as they capitalize on customer loyalty to the partner brand along with offers of attractive perks such as cashback and rewards.
Profits leap at Goldman Sachs as banks see steady economy
The investment bank Goldman Sachs earned more than expected in the latest quarter, a theme for other big banks, too.
Wall Street Posts a Strong Quarter, Powering Goldman Sachs Profit
Goldman Sachs reported sharply higher third-quarter earnings, a sign that lower interest rates, a stable economy and the bank ...
Goldman Sachs profit beats estimates as bond sales boost investment banking
Goldman Sachs' third-quarter profit beat estimates, fueled by a rebound in bond sales, stock offerings and mergers, sending ...
GM Authority1d
GM And Barclays Announce Long-Term Credit Card Partnership
Barclays will be the exclusive issuer of the GM Rewards and GM Business Mastercard credit cards in the U.S., transitioning ...
Bank Good News Continues
Major banks like Goldman Sachs, Bank of America, and Citigroup are showing strong profits. Click here to read more about ...
Crain's New York19h
Goldman profits jump 45%; stock trading set for record year
The investment bank’s gains were tempered by a slide the firm had previously telegraphed in fixed-income trading.
ndtvprofit21h
Goldman Stock Traders Head to Record, Fuel 45% Profit Jump
Investors have been sending Goldman shares higher this year as the bank abandons major parts of its consumer-banking push and ...
Goldman profit jumps with stock trading set for record year
The Wall St firm’s profit soared 45 per cent in the third quarter on a surprise increase in equity-trading revenue and a ...
The Gazette1d
Goldman Sachs profit beats estimates on investment banking strength
"Goldman Sachs certainly advanced with a big jump in earnings per share ... Goldman took a one-time hit of $415 million ...
Goldman Sachs Q3 Results Top Estimates
Goldman Sachs Group, Inc. (GS) reported Monday that net profit for the third quarter surged 48 percent from last year, reflecting ...
The Goldman Sachs Group Inc (GS) Q3 2024 Earnings Call Highlights: Strong Revenue Growth and ...
Goldman Sachs reports a 54% increase in EPS and record assets under supervision, despite challenges in consumer business and ...