Goldman Sachs advises employees on plan to divest GM credit card

1 min read
57 views

Goldman Sachs Group Inc. has told employees in its Platform Solutions unit that it’s moving toward a process to find a new issuer for its General Motors credit-card program, The Wall Street Journal reported on Wednesday.

Goldman Sachs
GS,
+0.36%
told its credit-card employees in an internal memo they will get a year’s pay if their jobs are eliminated, the newspaper reported.

Read the full article here

Leave a Reply

Your email address will not be published.

Previous Story

Election takeaways: Biden ‘didn’t stop Democrats from winning,’ while Youngkin was hit with ‘a stunning repudiation’

Next Story

Senate Republicans press DHS chief on attaching policy changes to border money

Latest from Investment