© Reuters. FILE PHOTO: The Goldman Sachs company logo is on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 13, 2021. REUTERS/Brendan McDermid
(Reuters) – Goldman Sachs Group Inc (NYSE:) has dropped plans to develop a branded credit card for retail customers, CNBC reported on Wednesday, citing people with knowledge of the matter.
The credit card would have been a part of a range of products to enhance its margins and loyalty in the retail segment, the report said.
The Wall Street bank did not immediately respond to a Reuters request for comment.
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