"JPMorgan In Talks With Apple To Take Over Credit Card From Goldman; JPMorgan Chase Could Become The New Apple Credit-Card Issuer, But Is Seeking Concessions From The Tech Giant" - WSJ
Portfolio Pulse from Benzinga Newsdesk
JPMorgan Chase is in discussions with Apple to potentially take over the Apple credit card program from Goldman Sachs. The talks have progressed, but key details like pricing are still under negotiation, and a deal is not yet guaranteed.
September 17, 2024 | 4:12 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
JPMorgan Chase is negotiating with Apple to take over its credit card program from Goldman Sachs. The deal is not finalized, and key details are still under discussion.
JPMorgan's potential takeover of Apple's credit card program could expand its financial services portfolio, potentially boosting its market position. However, the deal is not yet finalized, and negotiations are ongoing.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
Apple is in talks with JPMorgan Chase to transfer its credit card program from Goldman Sachs. The outcome of these discussions could impact Apple's financial services strategy.
Apple's potential shift of its credit card program to JPMorgan could affect its financial services strategy. However, the impact on Apple's overall business is less direct compared to JPMorgan.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70