WSJ News Exclusive | Goldman Sachs Vies for GM’s Credit Card, Betting You’ll Buy Coffee With Your Car

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Goldman Sachs is seeking to buy GM’s credit-card business, people familiar with the matter say, betting on the idea of connected cars as e-commerce portals

Goldman Sachs Group Inc. is seeking to acquire the credit-card business of General Motors Co., doubling down on consumer banking and betting on a future where people pay for gas, takeout and groceries from the driver’s seat.

The Wall Street firm is among a small number of bidders for the auto maker’s credit-card business, which has about $3 billion in outstanding balances, according to people familiar with the matter.

 

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do they realize literally everyone already has a dozen e-commerce portals on their phone

All the time people familiar with the matter say. Who are these people? Name them!

Keep America Great!

goldman is seeking to rename GM's credit card to apple card

This is some bullshit scumbagnation

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