Goldman Sachs plans to scrap GM credit card - source

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Nov 8 (Reuters) - Goldman Sachs (GS.N) is planning to scrap its co-branded credit cards with General Motors (GM.N), a person familiar with the matter told Reuters on Tuesday...

General Motors said it would continue to "reward customers for their loyalty to our brands."..

It has agreed to sell GreenSky, its home improvement lender, to a consortium led by investment firm Sixth Street Partners, hastening its retreat from the retail venture, which has lost $3 billion in more than three years...

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