Goldman CEO David Solomon had wanted the bank to increase its efforts to develop financial services for consumers, such as its Marcus savings account and a planned digital checking account. It also partnered with Apple to launch the consumerApple Card. A Goldman-branded ...
Goldman Sachs' consumer credit division lost $1.2 billion in nine months last year, and the losses were primarily related to theApple Card. Goldman's collection of businesses, known as Platform Solutions, lost over $1.2 billion in pre-tax losses in the first nine months of 2022 and was dr...
>Goldman Sachs ended up with more disputed transactions than anticipated I had two huge fraudulent transactions on my account about a month after opening the card in 2019, one at Best Buy and another at a snowboard shop in Colorado (I was in Virginia). They both used the phys...
Dark Pools owned by the biggest names on Wall Street – such as Goldman Sachs’ Sigma X2, JPMorgan Chase’s JPM-X, UBS’ UBSA, Morgan Stanley’s MSPL, and Credit Suisse’s Crossfinder — have been making tens of thousands of trades in the shares ...
Goldman Sachs is seeing nothing but ? Nope. Not true. Credit card companies make money every time you swipe your card. The merchant pays a fee to the companies every time they accept a card. Would they like the interest too? Sure! A common misconception is that credit card c...
Apple Card users were to have the option to transfer their Daily Cash balance into a special interest-accumulating Goldman Sachs savings account. It was expected to launch with the release of iOS 16.1, but it didn't appear in that version, nor in iOS 16.2. Apple hasn't publicly commented...