Goldman In Talks To Transfer Apple Partnership To Amex; Goldman Looking To Offload Apple Credit Card, Savings Account
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs is reportedly in discussions to transfer its Apple partnership to American Express. This includes the Apple Credit Card and Savings Account.
June 30, 2023 | 8:15 pm
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NEUTRAL IMPACT
Apple's partnership with Goldman Sachs may be transferred to American Express. The impact on Apple's financials is unclear at this stage.
The transfer of the partnership could potentially impact Apple's financials, but the specifics are unclear at this stage. It's also uncertain how this will affect Apple's relationship with its customers.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
American Express may acquire the Apple partnership from Goldman Sachs. This could potentially increase American Express's exposure to consumer credit risk.
Acquiring the Apple partnership could increase American Express's exposure to consumer credit risk. However, it's unclear how this will impact the company's overall financial performance in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Goldman Sachs is looking to offload its Apple partnership to American Express. This could potentially reduce Goldman's exposure to consumer credit risk.
The transfer of the Apple partnership could reduce Goldman Sachs' exposure to consumer credit risk. However, it's unclear how this will impact the company's overall financial performance in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100