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Barclays to Replace Goldman Sachs

The Wall Street Journal on MSN · 1d

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.

American Banker · 8h

As Goldman Sachs exits GM deal, Barclays hopes to benefit

The investment banking giant is selling its General Motors credit card portfolio to Barclays, which is looking to grow and diversify its U.S. cards business. It's part of Goldman's retreat from consumer banking.

MarketWatch on MSN · 1d

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.

GM Authority · 1d

GM And Barclays Announce Long-Term Credit Card Partnership

Barclays will be the exclusive issuer of the GM Rewards and GM Business Mastercard credit cards in the U.S., transitioning away from Goldman Sachs.

Finextra · 23h

Barclays takes over GM card business from Goldman Sachs

Barclays Bank has snapped up the General Motors card business from current issuer Goldman Sachs.

Bloomberg L.P. · 1d

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.

Goldman Sachs beats on profit and revenue

The New York Times · 12h

Profits Leap at Goldman Sachs as Banks See Steady Economy

Bank of America separately reported its latest earnings on Tuesday, and in keeping with theme it beat analyst forecasts. Although its profit in the third quarter fell more than 10 percent from the same period last year, the decline was not as steep as expected, bolstered by a jump in trading revenue and investment-banking fees.

The Gazette · 22h

Goldman Sachs profit beats estimates as bond sales boost investment banking

(Reuters) - Goldman Sachs' third-quarter profit beat estimates, fueled by a rebound in bond sales, stock offerings and mergers, sending its shares up more than 3% on Tuesday.

Barron's · 22h

Goldman Sachs Profit Rises 45% and Beats Expectations

Goldman Sachs reported third-quarter earnings per share of $8.40, topping analysts’ estimates of $6.89, as revenue that investment bankers drove from debt and equity underwriting activity increased significantly from a year ago.

1h

Bank Good News Continues

Major banks like Goldman Sachs, Bank of America, and Citigroup are showing strong profits. Click here to read more about ...

22h

Goldman Sachs beats Wall Street forecasts as investment-banking fees surge 20%

Goldman Sachs reported third-quarter earnings on Tuesday that surpassed analysts' expectations.

Crain's New York17h

Goldman profits jump 45%; stock trading set for record year

The investment bank’s gains were tempered by a slide the firm had previously telegraphed in fixed-income trading.

18h

Goldman profit jumps with stock trading set for record year

The Wall St firm’s profit soared 45 per cent in the third quarter on a surprise increase in equity-trading revenue and a ...

1d

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 ...

1d

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 ...

1d

Barclays Sticks to Their Buy Rating for JPMorgan Chase & Co. (JPM)

Barclays analyst Jason Goldberg maintained a Buy rating on JPMorgan Chase & Co. (JPM – Research Report) today and set a price target ...

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