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.
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.
Goldman Sachs Group (GS) Receives a Buy from Barclays
Barclays analyst Jason Goldberg maintained a Buy rating on Goldman Sachs Group (GS – Research Report) today and set a price target of
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
General Motors and Barclays said on Monday they have signed a long-term credit card partnership agreement to let customers earn and redeem reward points on new Buicks, Cadillacs and other GM cars, including electric vehicles.
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 inks long-term credit card deal with Barclays
General Motors Co. (NYSE:GM) inked a long-term partnership agreement with and Barclays US Consumer Bank for Barclays (BCS) to be the exclusive issuer of the GM Rewards Mastercard and the GM Business Mastercard in the United States starting next summer.
General Motors and Barclays Sign Long-Term Credit Card Partnership Agreement
General Motors Co. (NYSE: GM) and Barclays US Consumer Bank today announced they have entered into a long-term partnership agreement for Barclays to be the exclusive issuer of the GM Rewards Mastercard and the GM Business Mastercard in the United States starting next summer.
Goldman Earnings Expected to Show Higher Profit and Trading Revenue Drop
Goldman Sachs earnings are set to be released Tuesday, and the company is expected to report that both profit and investment banking fees for the third quarter rose from a year ago, as demand for ...
Goldman Sachs Gears Up For Q3 Reveal: Will Its Earnings Shine Like Other Major Banks?
The third-quarter earnings season for U.S. banks is in full-swing with Goldman Sachs set to report its third-quarter ...
Goldman Sachs has derivatives positions worth 6.7% stake in UniCredit, filing shows
Goldman Sachs has derivative positions in UniCredit equivalent to a 6.7% stake in the Italian bank as of Sept. 30, mostly ...
bankingdive12d
Barclays fined $4M over swap reporting violations
The CFTC noted the bank's “substantial cooperation” led to a reduced penalty in comparison to others levied on Goldman Sachs, JPMorgan and Bank of America.
Bank of America, Goldman, Citi highlight busy slate of bank earnings
Bank of America, Goldman Sachs and Citigroup highlight Tuesday's slate of bank earnings, following results last week from Wells Fargo and JPMorgan that drew cheers on Wall Street. Investors looking ...
Datacenter Dynamics13h
CoreWeave closes $650m financing deal
Artificial intelligence (AI) cloud provider CoreWeave has closed a $650 million financing deal. The credit facility, led by ...
Goldman Sachs Upgrades China Growth Forecasts on Latest Stimulus
Goldman Sachs Group Inc. upgraded its forecasts for China’s economic growth in 2024 and 2025 after Beijing unveiled a series ...
Investing6d
Goldman Sachs initiates Barclays stock with Buy rating, sees strong EPS growth ahead
On Tuesday, Goldman Sachs initiated coverage on Barclays Plc (BARC:LN) (NYSE: BCS), assigning the stock a Buy rating with a price target of GBP2.90. The firm highlighted the stock's significant ...