Report: Apple and Goldman Sachs are breaking up over money-losing Apple Card
arstechnica.com
Goldman Sachs has lost billions of dollars on its consumer-focused businesses.

Report: Apple to end partnership with bank that backs Apple Card, savings accounts::Goldman Sachs has lost billions of dollars on its consumer-focused businesses.

  • surewhynotlem@lemmy.worldEnglish
    1·
    11 months ago

    They are in no position to handle the regulation and scrutiny that would involve. It’s never worth it.