Goldman Sachs is upgraded to BUY, with 10% total return potential and exceptional momentum following a strategic pivot. GS's ...
Apple Card is reportedly moving from Goldman Sachs to Chase. Here’s what could change, from cash back and savings rates to ...
Apple recently announced that Chase will become the new issuer of the Apple Card in approximately 24 months, lining up with early 2028. Currently, the Apple Card is issued by Goldman Sachs, but the ...
Goldman Sachs (NYSE:GS) Q4 earnings beat the consensus estimate, but its revenue missed Wall Street expectations due to markdowns related to its pending sale of the Apple ( AAPL) credit card portfolio ...
The investment banking giant is betting big on its future.
Apple has selected JPMorgan Chase to take over the Apple Card from Goldman Sachs in a deal that will shift more than $20 billion in card balances, bolster JPMorgan's credit card dominance, and mark ...
After more than two years of negotiations, one of the biggest credit-card deals of all time will see Goldman replaced by JPMorgan on the Apple credit card.
Ultimately, Apple went with JPMorgan Chase, who also secured protection in the event “card delinquencies spiked or performance deteriorated in the period after the banks signed the contract.” Chase ...
Jamie Dimon, chief executive officer of JPMorganChase. Update: This article has been updated to include prepared remarks from Goldman Sachs CEO David Solomon and information about Goldman's financials ...
In the Wall Street Journal, AnnaMaria Andriotis and Gina Heeb write (paywalled; Apple News+ link): JPMorgan Chase has reached a deal to take over the Apple credit-card program from Goldman Sachs, ...
This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Under the terms of the agreement, the purchase of the ...
JPMorgan Chase has reached a deal to take over the Apple credit card from its original issuer, Goldman Sachs, the two banks said Wednesday in separate releases. JPMorgan said that the deal will take ...