Goldman Sachs in Discussions with Barclays Regarding Potential Acquisition of GM Credit Card Business

Tuesday, 30 April 2024, 12:16
Goldman Sachs is reportedly in talks with Barclays for the acquisition of General Motors' credit card program, which holds $2 billion in outstanding balances. A deal could potentially be finalized this summer, bringing significant changes to the credit card industry.
https://store.livarava.com/fce61af7-06eb-11ef-a6c0-63e1980711b2.jpg
Goldman Sachs in Discussions with Barclays Regarding Potential Acquisition of GM Credit Card Business

Goldman Sachs and Barclays in Talks for GM Credit Card Business Takeover

Goldman Sachs is reportedly in discussions with Barclays to acquire General Motors' credit card program, which currently holds $2 billion in outstanding balances. The potential deal is expected to finalize this summer, marking a significant move in the credit card industry.

Do you want to advertise here? Contact us

Related posts

Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe