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finance.yahoo.com / Yahoo! Finance by Layer3.news
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2024-09-20 03:52:24
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Bullet points of Goldman Sachs’ break up with Apple could cost $500 million to $4 billion, says analyst

Bullet points of Goldman Sachs’ break up with Apple could cost $500 million to $4 billion, says analyst
- Goldman Sachs' credit card partnership with Apple appears to have fizzled
- The bank is reportedly looking for a new card partner
- The partnership has been a significant loss for Goldman
- Goldman's consumer business has been struggling
- The bank is expected to take a $400 million hit from the transition of the GM cards business and other small retail ventures
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