Ghostalmedia@lemmy.world to Apple@lemmy.worldEnglish · 1 year agoApple Card savings account was "a fucking mistake" – Goldman exec9to5mac.comexternal-linkmessage-square10fedilinkarrow-up173arrow-down120
arrow-up153arrow-down1external-linkApple Card savings account was "a fucking mistake" – Goldman exec9to5mac.comGhostalmedia@lemmy.world to Apple@lemmy.worldEnglish · 1 year agomessage-square10fedilink
minus-squaresosodev@lemmy.worldlinkfedilinkarrow-up23arrow-down1·1 year agoI don’t understand how they could be taking such a big loss on those accounts. Federal reserve rates are above 5%… Also, it’s hard to feel bad for the bank taking a billion dollar loss when they have like 1.5 trillion dollars in assets.
minus-squarereddig33@lemmy.worldlinkfedilinkarrow-up5arrow-down1·1 year agoSounds like someone doesn’t know how to run a bank. That’s ok though, Apple has plenty of money, a loyal customer base, and plenty of other suitors. I’m sure if Goldman is no longer interested that someone else will be.
I don’t understand how they could be taking such a big loss on those accounts. Federal reserve rates are above 5%…
Also, it’s hard to feel bad for the bank taking a billion dollar loss when they have like 1.5 trillion dollars in assets.
Sounds like someone doesn’t know how to run a bank. That’s ok though, Apple has plenty of money, a loyal customer base, and plenty of other suitors. I’m sure if Goldman is no longer interested that someone else will be.