Apple Inc. (NASDAQ:AAPL) has reportedly decided to terminate its financial services partnership with Goldman Sachs Group Inc. (NYSE:GS). However, the question remains: Which company will fill the empty seat?
What Happened: Keen on dissociating its brand from a poor customer experience and an uncommitted partner, Apple proposed an early exit deal to Goldman Sachs, said Bloomberg’s Mark Gurman in his latest installment of the weekly “Power On” newsletter.
However, with Goldman Sachs off the table, Apple is on the lookout for a new partner.
JP Morgan Chase & Co., which initially declined the opportunity, could ...