Goldman Sachs

Report: CFPB Set to Fine Goldman Sachs $50 Million After Credit Card Probe
Report: CFPB Set to Fine Goldman Sachs $50 Million After Credit Card Probe
October 22, 2024  |  Credit Cards

The Consumer Financial Protection Bureau (CFPB) reportedly is set to order Goldman Sachs to pay more than $50 million in penalties related to its handling...

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Visa, Amex and Mastercard Push CE 100 Index Up 0.8% on ‘Resilient’ Spending
Visa, Amex and Mastercard Push CE 100 Index Up 0.8% on ‘Resilient’ Spending
October 21, 2024  |  Connected Economy

If there’s been a consistent theme thus far during earnings season, it’s that consumer spending has proven to be resilient across any number of demographics....

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Earnings Season Gives Glimpse Into Big Banks’ Private Credit Ambitions
Earnings Season Gives Glimpse Into Big Banks’ Private Credit Ambitions
October 20, 2024  |  Banking

The big banks have weighed in this earnings season — not just on credit and debit, and consumer spending and Basel endgames … Get the...

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As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
As Consumer Banking Retreats, Goldman Eyes Deeper Dive Into Corporate Markets
October 15, 2024  |  Earnings

As is always the case when Wall Street heavy hitters weigh in with earnings, the markets and financial trade publications parse the data and management...

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Barclays Takes Over Goldman’s GM Credit Card Portfolio
Barclays Takes Over Goldman’s GM Credit Card Portfolio
October 14, 2024  |  Credit Cards

Barclays US Consumer Bank will become the exclusive issuer of General Motors’ GM Rewards Mastercard and GM Business Mastercard in the United States in the...

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OpenAI Liquidity Reaches $10 Billion With New Credit Facility
OpenAI Liquidity Reaches $10 Billion With New Credit Facility
October 03, 2024  |  artificial intelligence

The world’s biggest companies can’t seem to stop giving OpenAI money. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Report: JPMorgan Chase Negotiating to Become Apple Credit Card Issuer
Report: JPMorgan Chase Negotiating to Become Apple Credit Card Issuer
September 17, 2024  |  Apple

JPMorgan Chase is reportedly in talks with Apple to become the new issuer of the Apple credit card. Get the Full Story Complete the form to...

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Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
Goldman Sachs CEO Says Exit From Credit Partnership No ‘Messier’ Than Expected
September 11, 2024  |  Banking

Goldman Sachs CEO David Solomon reportedly said Wednesday (Sept. 11) that the bank’s exit from its credit partnership with General Motors is no “messier” than it expected....

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Goldman Takes $400M Hit From Consumer Loans
Goldman Takes $400M Hit From Consumer Loans
September 10, 2024  |  Banking

Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. Get the Full Story Complete the...

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