If this acquisition is successful, JPMorgan will thoroughly solidify its lead in the US credit card market while also gaining ...

The transition of the Apple Card from being financed by Goldman Sachs to JPMorgan Chase will probably cut out a smaller ...

JPMorgan Chase is reportedly nearing a deal to take over the Apple Card, signaling a potential shake-up in one of Silicon ...

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 ...

As someone who has an Apple Card and an Apple Savings Account, dealing with Goldman Sachs has been a headache. And as such, Apple may be cautious about continuing its dealings with Goldman Sachs. 1.

There was also just the fact that Goldman Sachs spent $350 for every new Apple Card user. In 2022, Goldman Sachs lost $1.2 billion, chiefly because of the Apple Card.

The CFPB ordered Goldman Sachs to pay at least $19.8 million in redress and a $45 million civil monetary penalty, while Apple was ordered to pay a $25 million civil monetary penalty. It also ...

Goldman Sachs and Apple have worked together on the ‌Apple Card‌ since it launched in 2019, and have also teamed up for the high-yield Apple Savings account and the Apple Pay Later feature.

Goldman Sachs is considering exiting its partnership with Apple, the Wall Street Journal reported Friday. The iPhone-maker and Goldman Sachs started rolling out a virtual credit card in 2019.

Goldman Sachs’ third-quarter earnings may be the final straw for the Apple Card as the Wall Street giant faces internal pressure to exit the consumer-lending space.

In January, Goldman Sachs revealed that it had lost over $1 billion on its Apple Card partnership since 2020. In February, however, the bank said it was still “committed” to the partnership ...