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JPMorgan Chase is in advanced talks to take over as the card’s issuer from Goldman, in what would be one of the biggest ...
A deal for JPMorgan to take over the Apple Card and its huge book of loans would further burnish the bank’s reputation as a ...
If the bank makes a play for the tech company's credit card portfolio, it may also make a broader bid for more business.
Goldman Sachs has been trying to sell off the Apple Card business for several years now. Once again, there are now new ...
In notes dated July 24, Goldman said it no longer expects the ECB to deliver a rate cut this year, while J.P. Morgan has ...
Apple's relationship with Goldman Sachs led to the creation of the wildly successful Apple Card, but post-launch friction and a change in priorities has crashed the relationship into the rocks.
Goldman Sachs spent a lot of money to help launch Apple Card and its other consumer services. A report from January 13 revealed the bank's consumer credit division lost $1.2 billion across nine ...
Though Goldman Sachs caters to the very wealthy, as well, it's not exactly a consumer-facing brand.In any case, an Amex-Apple deal is uncertain at this juncture.
A deal would see Goldman Sachs offloading its credit card partnerships to another company, which would include the ‌Apple Card‌ and other credit cards like one it offers for General Motors.