FILE PHOTO: The Goldman Sachs logo is displayed on a post above the floor of the New York Stock Exchange, September 11, 2013. REUTERS/Lucas Jackson/File Photo
(Reuters) – Goldman Sachs Group Inc (GS.N) is looking to buy General Motors Co’s (GM.N) credit card unit, which has about $3 billion in outstanding balances, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.
Barclays (BARC.L) is also among bidders for the automaker’s credit card business, the report said, adding that a decision is expected in the next few weeks. (on.wsj.com/33Solk0)
Reporting by Noor Zainab Hussain in Bengaluru; Editing by here:reuters.com,2019:newsml_RC147B49D5D0:1052946803/tag:reuters.com,2019:binary_RC147B49D5D0-BASEIMAGE?action=download&mediatype=picture&mex_media_type=picture&token=%22XS1nR24gIWX2rbUWCNMX7lS8rchn4RxHyfbfQ%2BHdRaQ%3D%22Shounak Dasgupta