Apple Card May Have Found a New Home with JPMorgan Chase
JPMorgan Chase May Purchase the Apple Card From Goldman Sachs
Reports say the New York banks are in triangulated talks with Apple to shift management of Apple Card accounts--and their $17 billion in outstanding high-risk consumer debt.
JPMorgan Chase in Talks to Replace Goldman Sachs in Apple Card Partnership
Goldman Sachs and JPMorgan will need to agree on terms and conditions of the card transfer, as the two financial firms will need to agree on a transaction price for the existing card balances. Other negotiations include the consumer rewards program for the Apple Card.
The Apple Card May Have Found a New Home with JPMorgan Chase
The Apple Card * might have found a new issuer in JPMorgan Chase, according to a report by the Wall Street Journal. Last year, Apple announced that it would cut ties with Goldman Sachs as the Apple Card’s issuing bank.
JPMorgan in talks with Apple to take over its credit card venture: report
JPMorgan Chase is in negotiations to take over Apple’s credit card venture from Goldman Sachs after the tech frim made a push to cut its ties with the New York bank last year
Apple in talks with JPMorgan to transfer Apple Card from Goldman Sachs: Report
These include questions on whether JPMorgan would retain existing features of the Apple Card, and the price. The move of Apple came after Goldman Sachs veered away from its retail-banking strategy, thereby resulting in limited options left for the iPhone maker.
JPMorgan Seizes Opportunity to Control Apple Card
JPMorgan Chase and Apple are in advanced talks for the bank to take over the tech giant’s credit card program from Goldman Sachs. While the deal
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