APPLE AND THE ALLEGED TERMINATION OF COOPERATION WITH GOLDMAN SACHS

Technology company Apple is reportedly ending its relationship with investment bank Goldman Sachs, according to the Wall Street Journal.

According to people familiar with the matter, Apple has sent a request to the investment bank Goldman Sachs to terminate the cooperation in the next 12 to 15 months. The entire consumer collaboration, including the credit cards the companies launched in 2019, would be terminated. There has been no indication yet whether Apple has found a replacement card issuer.

Apple

AAPL

$217.96 $0.47 +0.22%

Capital Structure

Market Cap

3.3T

Enterpr. Val.

3.4T

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33.8

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8.8

Open $218.70

Day range $216.01 - $219.49

52 week range $164.08 - $237.23