Apple (AAPL) is in discussions with Barclays (BCS) to replace Goldman Sachs (GS) as its credit card partner, Reuters reported Thursday, citing two sources familiar with the matter.
Goldman Sachs has a deal with Apple until 2030, however, the bank is scaling back its consumer finance business after facing losses and shifting its focus and Goldman CEO David Solomon has previously indicated the partnership with Apple could end earlier.
Barclays has been in negotiations with Apple for months, but has yet to reach an agreement, the report said.
Synchrony Financial (SYF) is also in talks with Apple about the card partnership, the report said.
Reuters previously reported that JPMorgan Chase (JPM) has also been in talks with Apple about the business since since last year.
Apple, Goldman, Barclays, JPMorgan, and $Synchrony Financial(SYF-B)$ did not immediately respond to requests for comment from MT Newswires.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。