Goldman, Credit-Card
Goldman Sachs is certain to lose millions when it sells off Apple Card
Apple Card is a popular hit with everyone except Apple's partner Goldman Sachs, with it likely to lose millions as it tries to pull out.
Goldman’s Credit-Card Exit Hampered by Lax Lending Standards
The bank lent loosely on some credit cards, contributing to a big loss as it tries to sell the General Motors card business.
Goldman CEO dismisses notion GM credit card exit is messy
Goldman Sachs CEO David Solomon on Wednesday dismissed the notion that the bank's early exit from its credit card partnership with General Motors was messy, saying the firm had anticipated the problems.
Goldman to Hand Off a $2 Billion Credit-Card Book to Barclays
Goldman Sachs Group Inc. is set to hand off a $2 billion portfolio of loans made to General Motors Co. customers after its foray into the credit-card business ended up a costly whiff.
Goldman Near Selling GM Credit Card Business: Will It Benefit GS?
The Goldman Sachs Group, Inc. GS is set to finalize an agreement to transfer its General Motors GM credit card business to Barclays BCS. The companies are still in the final stages of negotiation. In November 2023,
Goldman Sachs nearing a deal to transfer GM credit card business to Barclays: Report
Goldman Sachs is close to finalizing a deal to transfer its General Motors credit card business to Barclays, a source familiar with the matter said on Tuesday. The exit from the business partnership with GM,
Goldman Sachs still working to exit Apple Card partnership as consumer losses top $6 billion
Goldman Sachs is still looking to exit its partnership with Apple as losses continue to mount. As detailed in a new report ...
EconoTimes1d
Apple Card Bleeds $6 Billion, Leaving Goldman Sachs Eager to Break Free from the Deal
Apple Cards losses have exceeded $6 billion, leaving Goldman Sachs searching for a way out of the partnership. The banks ...
Hosted on MSN8mon
Apple Card's Goldman Sachs' divorce could bring changes to the product for consumers — Apple's data could be a prize for any newcomer
Apple Card might be almost universally loved by everyone who has access to it, but it's very much the black sheep of the Goldman Sachs portfolio — and it wants out. But ditching a contract isn ...
CNBC13d
Apple seeks to end its credit card and savings account partnership with Goldman Sachs
What would the split mean for the Apple Card and savings account? It's not clear how the end of the relationship between Apple and Goldman Sachs would affect the credit card and savings ...
BBC8mon
Apple's 'sexist' credit card investigated by US regulator
New York's Department of Financial Services (DFS) has contacted Goldman Sachs, which runs the Apple Card. Any discrimination, intentional or not, "violates New York law", the DFS said. The ...
MacRumors20d
Apple Card: All the Details on Apple's Credit Card
a credit card that's linked to Apple Pay and built right into the Wallet app. Apple is partnering with Goldman Sachs for the card, which is optimized for ‌Apple Pay‌ but will still works ...
Business Insider India1y
After a credit card, Apple launches savings account service in partnership with Goldman Sachs — here’s what it means
Apple launched its credit card in 2019 with American financial giant Goldman Sachs. After issuing millions of credit cards, the two companies partnered again to launch a savings account.
Goldman Sachs Sees $400M Hit To Q3 Revenue, Trading Revenue To Drop 10%
Goldman Sachs to post a revenue hit of $400 million in its third-quarter report as it continues to unwind its consumer ...
MacRumors21d
Apple Card Turns 5, Still U.S. Only
The ‌Apple Card‌ is Apple's first and only Apple-branded credit card, made available in partnership with Goldman Sachs. At launch, the ‌Apple Card‌ was only available in the United ...