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Citing unnamed people familiar with the situation, the report said Barclays has emerged as a leading candidate to take over the roughly $2 billion of balances for the Goldman Sachs GM credit card.
GM Rewards Card offers credit card services that provide ... but has really become borderline useless since the acquisition by Goldman Sachs. At this point, I don't even worry about the rewards ...
Despite having closed the books on one total loss, Goldman Sachs is not quite out of the credit card business, however much it longs to be. It’s managed to squirm free of GM’s card business at ...
In October 2024, Goldman finalized a deal to transfer its GM credit card business to Barclays. Barclays will obtain the card program's receivables from Goldman this year. In 2024, Goldman ...
Goldman Sachs Bank USA, a unit of Goldman Sachs, has partnered with Apple to issue the Apple Card, the first consumer credit card from Goldman Sachs. The card offers consumers the ability to earn ...
Delays from Capital One, which held the partnership with GM before Goldman won ... pushed to use the "Marcus by Goldman Sachs" brand on the back of the card, one of the sources said.
Goldman Sachs took a $58 million charge on the General Motors credit card business in the second quarter as it prepares to exit the partnership. Goldman had decided to sell the GM card loan ...
In October 2024, Goldman finalized a deal to transfer its GM credit card business to Barclays. Barclays will obtain the card program's receivables from Goldman this year. In 2024, Goldman completed ...