The Goldman Sachs Group, Inc. (GS-PA)
After hours:
- Reuters
UPDATE 1-Goldman Sachs in talks to transfer GM credit-card partnership to Barclays, WSJ reports
Goldman Sachs is in talks to transfer its General Motors credit-card program to Barclays, the Wall Street Journal reported on Monday, citing people familiar with the matter. Barclays is the leading candidate to take over issuance of the credit cards, which have about $2 billion of outstanding balances, the report said, adding that U.S. Bancorp and Bread Financial were among other suitors considered, but fell away.
- Reuters
Goldman Sachs in talks to transfer GM credit-card partnership to Barclays, WSJ reports
Barclays is the leading candidate to take over issuance of the credit cards, which have about $2 billion of outstanding balances, the report said, adding that U.S. Bancorp and Bread Financial were among other suitors considered, but fell away. Goldman, GM, and Barclays did not immediately respond to Reuters' requests for comment.
- Zacks
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