Binance Founder Sentenced to Four Months In Prison, and Goldman Retreats from Consumer Lending, Barclays to Take Over GM Cards
Hey FinTech Fanatic!
Goldman Sachs is reportedly negotiating the transfer of its General Motors credit-card program to Barclays.
This move signifies a significant development in Goldman's strategy to scale back its consumer lending operations. Barclays appears to be the frontrunner to assume the program, which boasts approximately $2