Apple, Goldman Sachs partnership

Goldman Sachs still working to exit Apple Card partnership

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 from The Wall Street Journal, Goldman Sachs will take a $400 million hit this quarter due to its floundering consumer business.

The Wall Street Journal on MSN · 5h

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.

CNBC on MSN · 1d

Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business

Goldman Sachs began to pivot away from its consumer operations, beginning a series of writedowns related to selling chunks of the business.

3hon MSN

These Stocks Are Moving the Most Today: Oracle, Apple, DJT, HPE, Goldman, Ally Financial, Mission Produce, and More

Stocks were trading tumbling Tuesday ahead of the first debate between Vice President Kamala Harris and former President ...

CNBC11d

Apple seeks to end its credit card and savings account partnership with Goldman Sachs

Apple has given Goldman Sachs a proposal to end their consumer banking partnership within the next 12-15 months. If the bank accepts the proposal, the move could possibly affect the two ...

Forbes5y

Apple And Goldman Sachs Are Launching A New Credit Card. Here Is What We Know

The new partnership will also differ in several ... The deal will also be structured differently because Goldman Sachs will pay Apple a fee for every consumer who is issued a card, which is ...

2dOpinion

Column: Big companies keep shuttering their co-branded credit cards. Why?

When Walmart's credit cards were discontinued in 2024, they joined a growing list of high-profile casualties among so-called ...

Apple Inc. (AAPL): Short Seller Sentiment For This Big-Name Stock is Bullish

We recently published a list of 10 Best Big-Name Stocks to Buy Right Now According to Short Sellers. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against the ...

17h

CNBC Daily Open: Did Apple's shiny new things improve market sentiment?

Export growth in China China's exports in August rose 8.7% year on year, in U.S. dollar terms, beating Reuters' estimates of ...

18hon MSN

DBS is said to tap Goldman Sachs to help find insurance partner in India, Taiwan

DBS Group Holdings Ltd. is exploring insurance partnerships in India and Taiwan to enhance its regional services. The ...

4hon MSN

Stock Market Today: Stocks End Mixed Ahead of August CPI Report

As for the major indexes, the blue chip Dow Jones Industrial Average fell 0.2% to 40,736, while the broader S&P 500 (+0.5% at ...

NerdWallet5d

Big Companies Keep Shuttering Their Branded Credit Cards. Why?

Recent closures of multiple high-profile retail credit cards — from Uber, Starbucks and Walmart — highlight the importance of ...

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