According to sources familiar with the matter at hand, Goldman Sachs Group Inc is buying General Motors Co’s credit card business for around $2.5 billion (£1.94 billion). According to a report from the Wall Street Journal, Goldman Sachs beat Barclays… Read More ›
Barclays Plc
U.S. regulators increases oversight on resolution plans for foreign banks
Resolution plans, also known as living wills, require large banks to detail how they could be unwound in cases of bankruptcy with minimal disruption to the financial system. In a significant development, U.S. bank regulators stated they have not found… Read More ›
Barclays Plc hires investment banker Riaz Ladhabhoy
Barclays Plc appears to be positioning itself for the record number of tech IPOs scheduled for take off this year. Barclays Plc has hired Riaz Ladhabhoy, an investment banker from Deutsche Bank to be its co-head of internet banking in… Read More ›