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.
Analyst Betsy Graseck from Morgan Stanley maintained a Buy rating on Goldman Sachs Group (GS – Research Report) and increased the price target
The Goldman Sachs Group (NYSE:GS – Get Free Report) had its price objective boosted by equities researchers at Barclays from $588.00 to $713.00 in a research note issued on Monday,Benzinga reports.
Apple is in talks with Barclays to replace Goldman Sachs as the tech giant’s credit card partner, says two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.
It's been Goldman Sachs in the background since the Apple Card's launch in 2019. Ever since its introduction in 2019, the Apple Card has been powered
NEW YORK, Jan 15 - Apple (AAPL.O), opens new tab is in talks with Barclays (BARC.L), opens new tab to replace Goldman Sachs (GS.N), opens new tab as the tech giant's credit card partner ...
If the Apple Card does get a new issuer, it could also mean big changes for the Apple Card Savings account. The high-yield savings account currently offers a 3.90% APY and is available only to Apple Cardholders. Neither Apple, Goldman Sachs nor Chase immediately responded to requests for comment. Synchrony and Barclays declined to comment.
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Goldman Sachs Group Inc, SPDR® S&P 500, TJX Companies Inc, Natural Gas Futures. Read Investing.com (Jesse Cohen)'s latest article on Investing.com UK.
Medical credit cards are increasingly pushed on patients across America as the costs of health, dental, and veterinary procedures rise. CareCredit had 12 million cardholders and 270,000 participating providers in 2024,
The Apple Card, which has now been available in the USA for over five years, needs a new bank. Now there are other candidates.