Apple Card Will Move From Goldman Sachs to JPMorgan Chase

, By MacRumors
Apple Card Will Move From Goldman Sachs to JPMorgan Chase
Apple

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JPMorgan Chase has reached a deal to take over operation of the Apple Card, reports The Wall Street Journal. Barring any “last minute hiccups,” the deal should be announced shortly after over a year of negotiations.

Apple Card iPhone 16 Pro Feature
Reports began circulating over two years ago that current Apple Card issuer Goldman Sachs was looking to end its partnership with Apple as part of an effort to scale back on consumer banking products amid steep losses.

According to The Wall Street Journal, Goldman Sachs is unloading its…



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Apple Card Will Move From Goldman Sachs to JPMorgan Chase

, Published By MacRumors
Apple Card Will Move From Goldman Sachs to JPMorgan Chase
Apple


JPMorgan Chase has reached a deal to take over operation of the Apple Card, reports The Wall Street Journal. Barring any “last minute hiccups,” the deal should be announced shortly after over a year of negotiations.

Apple Card iPhone 16 Pro Feature
Reports began circulating over two years ago that current Apple Card issuer Goldman Sachs was looking to end its partnership with Apple as part of an effort to scale back on consumer banking products amid steep losses.

According to The Wall Street Journal, Goldman Sachs is unloading its…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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