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Barclays buys GM credit-card book After Goldman fumbles tie-up

Bloomberg News

Barclays Plc is taking over the General Motors Co. credit-card business from Goldman Sachs Group Inc., pouncing on the Wall Street firm’s failed effort to expand into consumer lending. The British bank struck an agreement to buy the portfolio of loans, according to a Barclays statement, confirming a previous Bloomberg News report. Barclays is taking […]

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