Apple says JPMorgan will issue Apple Card, replacing Goldman, with an expected two-year transition; sources: Goldman is offloading ~$20B in outstanding balances
Goldman Sachs is offloading the credit-card balances at a more than $1 billion discount — JPMorgan Chase has reached a deal …
Sources: Goldman wants to exit consumer lending and offload its Apple partnership, possibly to Amex, which has balked at Apple Card's loss rate and other issues
The bank, which reports third-quarter earnings Tuesday, is fighting profit declines and flagging stock
Sources: Goldman Sachs is in talks to have American Express take over its Apple ventures, including Apple Card, Apple's “buy now, pay later” offering, and more
American Express in talks to take over Goldman's card deal, other ventures with tech giant
Sources: Stripe co-founders Patrick and John Collison told staff their goal is to go public or let employees sell shares in private markets in the next year
Fintech startup hires Goldman, JPMorgan to advise on direct listing or private-market transaction involving employees' shares
Filing: Elon Musk delivers a non-binding proposal to take Twitter private by acquiring all outstanding stock for $54.20 per share, in a cash deal worth ~$43B
not “cancel culture” — are ruining discourse Eugene Robinson / Washington Post : If Elon Musk wants Twitter, he's welcome to it Financial Times : How Elon Musk could fund his $43bn Twitter takeover Ga...
Stripe launches Treasury to let its customers offer checking accounts and other business-banking services; Shopify will offer the services from early next year
Hello! Today: A new breed of startups is trying to help other startups manage their finances better. Stripe : Stripe launches Stripe Treasury in major expansion of financial services offering for pla...
Sources: PayPal is exploring acquisitions of cryptocurrency companies, including holding talks with BitGo, which makes multi-signature cryptocurrency wallets
- Goldman-backed startup helps investors store Bitcoin securely — No deal is finalized and talks could still fall apart
Goldman Sachs buys personal-finance app Clarity Money, sources say for a “high eight-figure sum”, to acquire a mobile storefront for its growing consumer bank
Goldman acquires Clarity Money, Adam Dell's personal-finance and budgeting app — Goldman Sachs GS -1.41% Group …