Right now, JPMorgan Chase is the “preferred choice” for taking over the Apple Card partnership, per The Wall Street Journal. This report is from July, though it serves as the latest news. That said, a ...
Though the deal isn't inevitable, if Goldman scores GM's credit card business, it would be a nod toward the firm's focus on growing consumer banking.
Goldman Sachs said that its credit-card business is being investigated by the Consumer Financial Protection Bureau over a range of billing and payments practices. The bank disclosed the probe in a ...
Stream Connecticut News for free, 24/7, wherever you are. 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 leader in American ...
The Consumer Financial Protection Bureau ordered Apple and Goldman Sachs on Wednesday to pay more than $89 million for mishandling consumer disputes related to Apple Card transactions. The bureau said ...
Apple may switch Apple Card from Goldman Sachs to Chase. This could mean stricter rules, lower credit limits, and more fees ...
Goldman Sachs is seeking to end its Apple Card partnership with Apply before their contract expires. “We have a contract with Apple to run that partnership until 2030, although there’s some ...
Negotiations between JPMorgan and Apple have progressed as earlier contenders for the card including American Express, Synchrony and Barclays have fallen to the side, said the people, who declined to ...
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 leader in American finance. With JPMorgan-branded and co-branded cards, the ...
The banks declined to comment to CNBC. Apple did not immediately respond to CNBC's request for comment. Negotiations between JPMorgan and Apple have progressed as earlier contenders for the card ...