The six-year-long Apple Card partnership between Goldman Sachs and Apple might end sooner than expected. Here's who could take the business.
Despite the potential for currency-related headwinds due to the recent strength of the U.S. dollar, which may limit foreign exchange benefits in the fourth quarter and pose challenges for fiscal year 2025 growth,
Just a day after the Goldman Sachs CEO said that his company's deal to service Apple Card customers may end early, two banks are said to be in active discussions to take over.
British investment bank Barclays said on Monday it has appointed former Goldman Sachs banker Paul Johnson as head of equities for Asia Pacific.
Apple is exploring partnerships with Barclays and Synchrony to replace Goldman Sachs as its credit card partner as Goldman scales back its consumer finance ambitions.
The UK-headquartered bank is proposing to nearly halve the amount of money guaranteed to CEO CS Venkatakrishnan each year while capping his maximum pay package at £14.3m, Sky News can exclusively reveal.
Barclays Plc hired Paul Johnson from Goldman Sachs Group Inc., as head of equities for Asia-Pacific, part of its three-year plan to boost its equities franchise in the region. Most Read from BloombergHow Sanctuary Cities Are Preparing for Another Showdown With TrumpNYC Commuters Get New Way to Dodge Traffic: $95 Helicopter RidesWhat LA’s Fires Mean for the City’s Housing ShortageDeadly Landslide of Garbage Displays Uganda's Missed OpportunityScaramucci,
The Philippines' sovereign wealth fund Maharlika Investment Corp is buying a 20% stake in the country's electricity grid operator National Grid Corp of the Philippines, the president's office said on Monday.
Goldman Sachs partnered with Apple in 2019 to launch the Apple Card. The Apple Card, while innovative in its integration with Apple’s ecosystem, proved a costly for Goldman. Barclays and Synchrony Financial are reportedly the top contenders of replacing Goldman.
Yesterday it was reported that the credit card partnership between Apple and Goldman Sachs may end before the contract between the two companies expires in 2030. Now Reuters reports that Apple is in talks with Barclays as the replacement bank.
By Nupur Anand NEW YORK -Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.
The Philippine peso is veering toward an all-time low as the nation’s central bank plans to cut interest rates further in the face of slowing economic growth.