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Goldman Sachs faces rocky exit from Apple credit card partnership

Four years after Goldman
Sachs introduced a credit card with Apple, the
Wall Street giant faces a costly exit from a partnership that is
seen by other lenders as too risky and unprofitable.
. ....

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Goldman Sachs faces rocky exit from Apple credit card partnership, ET Telecom

The expected unwinding of the Apple-Goldman partnership is another blow for CEO David Solomon s consumer strategy, which aimed to broaden the bank s revenue beyond its traditional mainstays of trading and investment banking. ....

Lloyd Blankfein , Stephen Scherr , Saeed Azhar , Warren Kornfeld , Lananh Nguyen , Mike Taiano , David Solomon , Goldman Sachs , Capital One , Moody Investors Service , Wall Street , Synchrony Financial , Wall Street Journal , Jpmorgan Chase ,

Goldman: Goldman Sachs faces rocky exit from Apple credit card partnership

International Business News: Goldman Sachs faces a costly exit from its partnership with Apple, as the credit card venture is considered too risky and unprofitable. The expected u ....

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Goldman Sachs faces rocky exit from Apple credit card partnership

By Saeed Azhar and Lananh Nguyen NEW YORK (Reuters) - Four years after Goldman Sachs introduced a credit card with Apple, the Wall Street giant faces . ....

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Are banks too optimistic about the U.S. economic outlook?

The baseline scenario used by many banks is for low-single-digit growth in GDP and an unemployment rate of around 4% next year. Some Wall Street analysts are wondering whether those assumptions, which banks use to calculate their loan-loss reserves, are too rosy. ....

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