Details
Written by: RJ
The Wall Street Journal is reporting Apple is ending their partnership with Goldman Sachs. This will include the Apple Card and the savings account. The partnership will end in 12 – 15 months.
Synchrony Bank has been noted as being a possible landing spot for the portfolio.
“Apple and Goldman Sachs are focused on providing an incredible experience for our customers to help them lead healthier financial lives. The award-winning Apple Card has seen a great reception from consumers, and we will continue to innovate and deliver the best tools and services for them.”
Apple
Thoughts
This is crazy to me that the Apple portfolio could end up with Synchrony Bank. No surprise the partnership is ending as Goldman has wanted out for some time now.