Zhitong Finance learned that according to media reports, Goldman Sachs (GS.US) is in negotiations with Barclays Bank (BCS.US) to sell the General Motors (GM.US) credit card business to Barclays Bank. This move will further weaken the Wall Street bank's business in the consumer finance sector. People familiar with the matter revealed that after the United States Bank of America (USB.US) and Bread Financial (BFH.US) withdrew from the bid, UK-based Barclays Bank became the main candidate to take over the investment portfolio with an outstanding balance of about 2 billion US dollars. According to the media, there is still a possibility that another interested acquirer will emerge.