Apple and Goldman Sachs are ending their partnership, after all. The iPhone maker has proposed to end its partnership with Goldman Sachs, marking the end of the Wall Street bank’s attempt to expand into consumer lending. Apple has proposed to end its contract with Goldman Sachs, according to The Wall Street Journal. This proposal includes terminating their entire consumer partnership in the next 12-to-15 months, said the people familiar with the matter, which encompasses the credit card, savings account, and the buy-now-pay-later service.
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Apple plans to break up with Goldman Sachs
Apple and Goldman Sachs are ending their partnership, after all. The iPhone maker has proposed to end its partnership with Goldman Sachs, marking the end of the Wall Street bank’s attempt to expand into consumer lending. Apple has proposed to end its contract with Goldman Sachs, according to The Wall Street Journal. This proposal includes terminating their entire consumer partnership in the next 12-to-15 months, said the people familiar with the matter, which encompasses the credit card, savings account, and the buy-now-pay-later service.
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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