Goldman Sachs Group Inc. is pausing its efforts to acquire new credit-card programs, according to people familiar with the matter.
The Wall Street firm recently ended advanced discussions to launch a co-branded credit card for T-Mobile US Inc., these people said. The account was close to becoming Goldman’s third card program, following Apple Inc. and General Motors Co. It would have been T-Mobile’s first credit-card program.
Source: Loan Digest (loandigest.net)
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