Goldman Sachs Is Buying General Motors’ Credit-Card Business. Here’s Why.

Eufemia Didonato

Text size View of General Motors in downtown Detroit Chris Kelleher/Dreamstime Goldman Sachs is diving deeper into consumer banking. The bank is close to buying General Motors (ticker: GM) credit card business for roughly $2.5 billion, The Wall Street Journal reported Thursday. The expected deal comes one year after Goldman […]

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