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Discover Financial Services Completes Sale Of Goldfish Credit Card Business To Barclays Bank

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Discover Financial Services (DFS) announced that it has completed the sale of its Goldfish credit card business, based in the United Kingdom, to Barclays Bank PLC (BCS, BARC.L) for about $70 million in cash, subject to a potential post-closing adjustment.

Barclays acquired the card portfolio consisting of about 1.7 million Goldfish and affinity card accounts with approximately $3.9 billion of receivables, the Goldfish brand, its operating facilities, certain legal entities and staff.

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Global Economics Weekly Update -June 15 - June 19, 2026

June 19, 2026 16:46 ET
Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.