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Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 ...
The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues. By Danielle Kaye Federal regulators ordered Goldman ...
7monon MSN
NEW YORK — A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving ...
Apple Card is a popular hit with everyone except Apple's partner Goldman Sachs, with it likely to lose millions as it tries to pull out. Right from the launch of the Apple Card in 2019 ...
Apple and investment bank Goldman Sachs mishandled disputes and misled iPhone purchasers about interest-free payment options through their Apple Card partnership, delaying refunds for customers on ...
Behind Goldman Sachs’s messy departure from credit-card lending: lax underwriting standards. The bank is facing mounting ...
'The execution was a mess,' said CFPB Director Rohit Chopra (F. Martin Ramin/The Wall Street Journal) The Consumer Financial Protection Bureau’s enforcement action against Goldman Sachs and ...
and Goldman was temporarily banned from issuing new credit cards, because of the companies’ mishandling of their Apple Card partnership. The failures left customers with unresolved charge ...
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