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Barclays to Replace Goldman Sachs
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.
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.
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 away from Goldman Sachs.
Barclays takes over GM card business from Goldman Sachs
Barclays Bank has snapped up the General Motors card business from current issuer Goldman Sachs.
General Motors says Barclays will replace Goldman Sachs as rewards-card issuer starting next summer
The cards give members the opportunity to earn and redeem awards on new Chevrolet, Cadillac, Buick and GMC vehicles, including GM’s line of electric vehicles.
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.
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.
22h
on MSN
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 ...
21h
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.
5h
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 York
21h
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.
ndtvprofit
23h
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 ...
22h
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 ...
1d
Goldman Sachs profit beats estimates as bond sales boost investment banking
(Reuters) - Goldman Sachs' third-quarter profit beat estimates, fueled by a rebound in bond sales, stock offerings and ...
1d
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 ...
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