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General Motors Company (NYSE:GM) penned a long-term deal with Barclays PLC (NYSE:BCS). Starting next summer, Barclays will become the exclusive issuer of the GM Rewards Mastercard and the GM ...
General Motors Financial Company, Inc. is the financial services arm of General Motors.The company is a global provider of auto finance, with operations in the United States, Latin America, Canada, Europe (which was sold to PSA Groupe and BNP Paribas following the sale of GM's core area businesses Opel and Vauxhall in a $2.2 billion deal), and China.
Barclays <BARC.L> is also among a small number of bidders for the automaker's credit card business, which has about $3 billion in outstanding balances, the WSJ reported, adding that a decision was ...
Goldman bought the GM credit card portfolio in what was reported to be a $2.5 billion deal in 2020. Skip to main content ...
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A card association or a bank card association is a network of issuing banks and acquiring banks that process payment cards of a specific brand. Examples
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Goldman Sachs Group (NYSE: GS) is acquiring the credit card business of General Motors Co (NYSE: GM) for $2.5 billion, the Wall Street Journal reported Thursday.What Happened: The banking giant ...