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Added on the 05/06/2019 06:37:10 - Copyright : Wochit
Ramin Talaie/Corbis/Getty Images Goldman Sachs won the bid for General Motors' credit-card business for roughly $2.5 billion, The Wall Street Journal reported Thursday. The Wall Street giant beat out Barclays, acquiring more than one million GM cardholders and the $8.5 billion they spend annually, according to The Wall Street Journal. This is Goldman Sachs' second co-branded card, following the Apple Card, as it looks to expand its consumer-lending business. The bank recently shuffled its organizational structure to create a new standalone consumer division that includes its Marcus lending unit.
Republican presidential nominee Donald Trump was repeatedly interrupted by protesters as he tried to outline policy proposals during a campaign rally in Detroit on Monday. Trump's speech focused on economics and taxes, with the candidate vowing to reduce taxes from 35 percent to 15 percent.
Three Goldman bankers leave for Uber as tech world sweeps Wall Street for new hires. Fred Katayama reports.
San Francisco, Aug 4 (EFE / EPA) .- (CAMERA: Caroline Brehman) The American transportation company Uber announced profits of 1,036 million dollars between January and June 2021, which is a drastic change in trend compared to the 4.711 million in losses registered in the same period last year.
Following Wednesday's violence on Capitol Hill, Goldman Sachs has made an ask. Goldman Sachs asked small-business owners not to wear "Storm the Hill" T-shirts. The company mailed them for an unrelated event, The Wall Street Journal reported Thursday. The virtual event, planned for January 13, is to encourage small-business owners. The plan was to pressure lawmakers to pass additional COVID-19 relief for businesses. But the bank rebranded the event after pro-Trump terrorists literally stormed the hill on Wednesday.
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