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2024-09-20 03:52:24
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Summary of Goldman Sachs’ break up with Apple could cost $500 million to $4 billion, says analyst

Summary of Goldman Sachs’ break up with Apple could cost $500 million to $4 billion, says analyst
Goldman Sachs’ break up with Apple could cost $500 million to $4 billion, says analyst
https://s.yimg.com/ny/api/res/1.2/0HgUq7V6lLzck.mv513rtQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--/https://media.zenfs.com/en/fortune_175/b1396a249ca39b86f5a94560391fa75c



https://finance.yahoo.com/news/goldman-sachs-break-apple-could-205314394.html


Goldman Sachs' credit card partnership with Apple, which was launched in 2019, appears to have failed, and the bank is now looking for a new card partner. This could lead to a large bill for Goldman and the elimination of one of its three business lines. The bank's consumer business has been struggling, and the partnership has been a significant loss for Goldman.
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