The six-year-long Apple Card partnership between Goldman Sachs and Apple might end sooner than expected. Here's who could take the business.
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.
British investment bank Barclays said on Monday it has appointed former Goldman Sachs banker Paul Johnson as head of equities for Asia Pacific.
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.
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.
Jefferies Financial Group Inc. hired Tim Kerry from Barclays Plc as the bank builds up its ranks to prepare for a wave of M&A-related financings.
Barclays and Marcus by Goldman Sachs both offer savings accounts with no minimum deposits and no monthly fees, and the APY is nearly identical. But Marcus’ same-day transfers may put it ahead of ...
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 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.
The Goldman Sachs Group, Inc. shares touched an all-time high of $627 during Friday’s trading session before closing the session slightly lower at $625.94. Over the past year, the stock has ...
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.
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.