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Goldman Sachs dumps Apple Card deal and shocks Wall Street with 50% dividend hike
Goldman Sachs is walking away from its high-profile Apple Card partnership and simultaneously handing more cash to shareholders, a one-two move that signals a decisive reset of its consumer ambitions.
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 ...
The largest bank in the U.S. is going to work with what is arguably the world's strongest consumer brand.
Tim Cook announced the Apple Card in 2019. On the surface, it seemed like the perfect pairing of premium brands. But Goldman Sachs' work with Apple on a cobranded credit card didn't go so smoothly.
Rumors about Goldman Sachs (NYSE:GS) exiting its support for the Apple Card have been circulating for quite some time. The Apple Card played a significant role in Goldman’s failed expansion into ...
In the Wall Street Journal, AnnaMaria Andriotis and Gina Heeb write (paywalled; Apple News+ link): JPMorgan Chase has reached a deal to take over the Apple credit-card program from Goldman Sachs, ...
Apple has found an Apple Card partner replacement for Goldman Sachs, according to a new Wall Street Journal report. The latest development comes more than two years after Goldman Sachs and Apple were ...
According to the Wall Street Journal, JPMorgan Chase has reached a deal to take over the Apple Card credit card program from Goldman Sachs. While the Apple Card is a premium co-branded product, it ...
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