Apple has given Goldman Sachs a proposal to end its credit-card and savings account partnership within the next 12 to 15 months, a person familiar with the matter told CNBC’s Leslie Picker.

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The Hill

Washington

District of Columbia

United States

Apple to end Goldman Sachs credit card deal

The tech giant recently sent a proposal to the Wall Street bank to exit the contract in the next 12 to 15 months, the report said, citing people briefed on the matter. Apple and Goldman had started to roll out a virtual credit card in 2019.

Media Bias/Fact Check

Times of India

India

Apple to end credit card partnership with Goldman Sachs: Report

The pullback began at the end of 2022, after Goldman lost billions of dollars while trying to build a customer service operation; earlier this year, the bank told Apple that it would try to get rid of the partnership

Recuo começou no fim de 2022, após o Goldman ter perdido bilhões de dólares ao tentar construir operação de serviço ao consumidor; no início deste ano, banco disse à Apple que tentaria se livrar da parceria

Apple cancela parceria com cartão de crédito Goldman Sachs

Globo

Roberto Irineu Marinho

Brazil

Apple cancels partnership with Goldman Sachs credit card

The tech giant recently sent a proposal to the Wall Street bank to exit the contract in the next roughly 12 to 15 months, the report said.

Ad Fontes Media

All Sides

New York Post

Murdoch family

New York

Apple reportedly pulling plug on Goldman credit card partnership

The move would end one of the highest-profile partnerships between giants in the tech and banking sectors.

CNBC

Roberts family

Apple is trying to unwind its Goldman Sachs credit card partnership

Apple will end its credit card program with Goldman Sachs in the next 12–15 months, multiple media outlets reported Tuesday, citing sources familiar with the deal. Apple launched the Goldman-backed card in 2019 to consumer fanfare alongside a flashy ad campaign promising a credit card not from a bank, where nearly any Apple customer could…

Nexstar Media Group

This development comes almost four years after the companies initiated their digital credit card service in 2019.

Benzinga

Apple Calls Off Credit Card Tie-Up With Goldman Sachs, Sets 12-15 Month Timeline For Split: WSJ - Apple (NASDAQ:AAPL), Goldman Sachs Gr (NYSE:GS)

Apple and Goldman Sachs may end their partnership, which means that the Cupertino technology company may have to find a new financial partner for its Apple Card and savings accounts. The information was advanced to The Wall Street Journal by a source close to the matter, who states that Apple “sent a proposal to Goldman [Sachs] to abandon the contract during the next 12 to 15 months”. On the other hand, Apple sent a statement to CNBC reinforcing…

A Apple e a Goldman Sachs podem vir a colocar um fim à sua parceria, o que significa que a tecnológica de Cupertino pode vir a ter que encontrar um novo parceiro financeiro para o seu Apple Card e contas poupança.  A informação foi avançada ao The Wall Street Journal por uma fonte próxima do assunto, que afirma que a Apple “enviou uma proposta à Goldman [Sachs] para abandonar o contrato durante os próximos 12 a 15 meses”. Por outro lado, a Apple…

Apple pode vir a terminar parceria com a Goldman Sachs

Noticias ao Minuto

Portugal

Apple may end its partnership with Goldman Sachs

Goldman Sachs Group Inc., which has been trying to jettison its struggling credit card business, now has a potential way out of its partnership with Apple Inc.

Bloomberg

Michael Bloomberg

The Vanguard Group

Howard Buffett

BlackRock

Apple Offers Exit Ramp To Goldman For Troubled Card Accord

Il colosso tecnologico ha proposto alla banca di concludere entro 12-15 mesi la collaborazione. Va alla ricerca di un nuovo partner (American Express) o si mette in proprio?

Apple punta a rescindere l’accordo con Goldman Sachs sulle carte di credito e i conti di deposito

Corriere Della Sera

Cairo Communication

Mediobanca

Diego Della Valle

Italy

Apple is set to finish its credit card partnership with Goldman Sachs, according to a Wall Street Journal report published on Tuesday.

Apple ending Apple Card partnership with Goldman Sachs

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