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GM, Goldman Sachs, Mastercard join forces on credit card venture

News | Cards | 19 Jan 2021

Multinational corporation General Motors, US-based banking group Goldman Sachs, and Mastercard have announced joining forces to create co-branded, rewards-based credit cards in 2021.

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Goldman Sachs to acquire GM's credit card unit for USD 2.5 bln, WSJ

News | Payments General | 02 Oct 2020

Goldman Sachs has announced the buying of General Motors’s credit card business for about USD 2.5 billion (GBP 1.94 billion), according to the Wall Street Journal cited by Reuters.

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Goldman Sachs, Barclays bid for GM's credit card business

News | Cards | 13 Aug 2020

Goldman Sachs and Barclays have reportedly announced intentions to buy General Motors' credit card unit as they look to increase their consumer banking arm, according to Reuters.

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