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The bank on Tuesday informed a group of employees within its Platform Solutions division, who work on the GM card, that a process to find a new issuer will begin soon, people familiar with the matter said. GM is expected to run the process. The credit-card program is largely marketed toward people who buy and own General Motors cars.
"Credit cards are the last big chunk of what remains of Goldman’s consumer-lending business after the firm decided to dramatically scale back what had been an ambitious drive to become a bigger player in main-street finance."
https://www.wsj.com/finance/goldman-moves-to-offload-gm-credit-card-ce65e487?mod=hp_lead_pos3
