Market Chatter: JPMorgan Advances Talks to Run Apple Credit Card Program-February 2024-www.financetom.com

Market Chatter: JPMorgan Advances Talks to Run Apple Credit Card Program

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Market Chatter: JPMorgan Advances Talks to Run Apple Credit Card Program

Sep 17, 2024 10:01 AM

12:31 PM EDT, 09/17/2024 (MT Newswires) -- JPMorgan Chase ( JPM ) is in advanced talks with Apple ( AAPL ) to take over the tech giant's credit card program from Goldman Sachs ( GS ) , the Wall Street Journal reported Tuesday.

Talks began earlier this year and have progressed in recent weeks, but a deal could be months away, or might not materialize given the price and other details that are yet to be negotiated, WSJ reported, citing people familiar with the matter.

Neither JPMorgan ( JPM ) nor Apple ( AAPL ) immediately replied to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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