Barclays raised the firm’s price target on Goldman Sachs (GS) to $760 from $713 and keeps an Overweight rating on the shares following the Q4
Analyst Betsy Graseck from Morgan Stanley maintained a Buy rating on Goldman Sachs Group (GS – Research Report) and increased the price target
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. Barclays and ...
It's been Goldman Sachs in the background since the Apple Card's launch in 2019. Ever since its introduction in 2019, the Apple Card has been powered
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.
NEW YORK, Jan 15 - Apple (AAPL.O), opens new tab is in talks with Barclays (BARC.L), opens new tab to replace Goldman Sachs (GS.N), opens new tab as the tech giant's credit card partner ...
Goldman's credit card deal with Apple lasts until 2030, but the partnership may end sooner than that, Goldman CEO David Solomon told analysts on an earnings call on Wednesday.
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.
Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.
If the Apple Card does get a new issuer, it could also mean big changes for the Apple Card Savings account. The high-yield savings account currently offers a 3.90% APY and is available only to Apple Cardholders. Neither Apple, Goldman Sachs nor Chase immediately responded to requests for comment. Synchrony and Barclays declined to comment.
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.