Apple plans to end partnership with Goldman Sachs in 12-15 months: Report
Goldman Sachs currently issues the Apple Card and powers the company’s savings accounts.
Apple is reportedly ending its partnership with global investment bank Goldman Sachs over its Apple Card.The iPhone maker has sent a proposal to Goldman Sachs, asking it to terminate their partnership within the next 12 to 15 months, according to The Wall Street Journal.“The exit would cover their entire consumer partnership, including the credit card the companies launched in 2019 and the savings account rolled out this…