Apple is in talks with Barclays and Synchrony about becoming its new financial partner for the Apple Card, according to Reuters sources. The
Synchrony Financial (SYF) stock saw a modest uptick, ending the day at $68.11 which represents a slight increase of $2.05 or 3.10% from the prior close of $66.06. The stock opened at $67.03 and touched a low of $67.
Synchrony Financial (NYSE:SYF – Get Free Report) was upgraded by Barclays from an “equal weight” rating to an “overweight” rating in a report released on Monday,Briefing.com Automated Import reports.
Barclays analyst Terry Ma upgraded Synchrony Financial (SYF – Research Report) to a Buy today and set a price target of $79.00. The company’s
Goldman Sachs partnered with Apple in 2019 to launch the Apple Card. The Apple Card, while innovative in its integration with Apple’s ecosystem, proved a costly for Goldman. Barclays and Synchrony Financial are reportedly the top contenders of replacing Goldman.
It's been Goldman Sachs in the background since the Apple Card's launch in 2019. Ever since its introduction in 2019, the Apple Card has been powered
APPLE is in talks with Barclays to replace Goldman Sachs as the tech giant’s credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.
Several financial firms are vying to replace Goldman, which launched the credit card with Apple in 2019, the sources said. While other lenders are tempted by working with Apple, one of the world's most recognizable brands,
Apple Watch saves CEO's father, potential credit card partner shuffle, declining China market share, Zuckerberg's criticism, and potential upside in stock due to cost reductions.
By Nupur Anand NEW YORK - Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.
This week’s Apple headlines; iPhone Air leaks, new iPhone SE details, iPhone 15 special offers, Ai headlines paused, Apple Card’s new home, Tim Cook’s inauguration seat, and