Goldman Sachs Group Inc. is in talks with Barclays about transferring its General Motors credit-card business as it continues its move away from the consumer lending business, The Wall Street Journal reported Tuesday.
Goldman Sachs is reportedly closer to exiting its General Motors credit card business. The banking giant is in discussions with Barclays to transfer the issuance of the cards, the latest in its long-term project to move away from consumer lending, the Wall Street Journal (WSJ) reported Tuesday (April 30).
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.
Outside of recent rumblings, the sentiment surge in the equities space this year has taken some of the shine off value stocks to buy on the dip. It's not that the concept lost relevance or popularity.
The electric vehicle (EV) market is experiencing robust growth in 2024, leading the automotive industry with strong representatives in the United States and China. Hence, Finbold asked Elon Musk's artificial intelligence (AI) model to build a stock portfolio for EV exposure in May.
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