FinTech Futures: Top five news stories of the week – 3 May 2024
Our pick of the top fintech news stories this week includes Goldman Sachs, HSBC, Microsoft and more.
Our pick of the top fintech news stories this week includes Goldman Sachs, HSBC, Microsoft and more.
Barclays was a bidder for the programme back in 2020 before Capital One eventually sold it to Goldman.
Goldman Sachs bought the GM credit card business for $2.5 billion in October 2020.
Goldman reportedly beats Barclays to nab consumer credit pool worth $8.5bn.
GM’s credit card business has about $3 billion in outstanding balances.