Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California.
CEO David Solomon called his bank's rollout of the Apple Card "the most successful credit card launch ever."
"In three short years, we have raised $55 billion in deposits on the Marcus platform, generated $5 billion in loans, and built a new credit-card platform and launched Apple Card," Solomon said, adding "Which we believe is the most successful credit card launch ever."
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman Sachs stays bullish on the British pound, predicts Brexit deal successAnalysts at Goldman Sachs are maintaining a recommendation to buy sterling, projecting that the pound could rise to $1.30 in the event of a Brexit deal before the October 31 deadline.
Read more »
Goldman Sachs' quarter soured by disappointing banking revenue, writedowns for Uber and other investmentsGoldman took a $267 million markdown on public investments in companies like Uber and Tradeweb Markets.
Read more »
Goldman Sachs is expected to report third quarter hits from sinking WeWork, Uber stakesInvestors are set to scrutinize results from Goldman Sachs and J.P. Morgan Chase as banks report third-quarter results starting Tuesday.
Read more »
China's surprise slump in exports shows Trump's trade war damage — and Goldman Sachs says tariffs are coming despite a partial dealTrump boasted of a partial trade deal with China, but Goldman says 'it is more likely than not' that December tariffs kick in, perhaps with a delay.
Read more »
Sallie Mae launches credit cards aimed at student loan borrowersAs more people in the U.S. struggle to keep up with their credit card and student debt, student loan lender Sallie Mae is offering three new cards for those just starting out.
Read more »