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Goldman Sachs pulls back from credit card deals as bank shrinks consumer ambitions
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fnlondon.comGoldman Sachs is pausing its efforts to acquire new credit card programmes, 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, these people said. The account was close to becoming Goldman’s third card program, following Apple and General Motors. It would have been T-Mobile’s first credit card programme.
Goldman...
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