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Apple launched a high-yield savings account in partnership with Goldman Sachs, but its buzzed-about 4.15% APY isn’t lauded by one executive at the investment bank who didn’t hold back when dissing the endeavor.

“We should have never done this f–king thing,” an unnamed Goldman partner told colleagues, per The Wall Street Journal.

It’s unclear who exactly made the comment, though it was reportedly said just after the savings account’s big debut at Goldman’s headquarters in April, when most executives hyped the account for Apple users’ ability to earn 10 times the national average interest rate for savings accounts.

Goldman also agreed to operate Apple credit cards — which offer users up to 3% cash back on their purchases via Daily Cash — and support the tech firm’s “buy now, play later” offering.

And though the iPhone maker’s foray into commercial banking started off as a smash success — pulling in $1 billion in deposits within days of its launch — Apple’s savings account feature has since fallen from grace.

Many Goldman executives agree, according to The Journal, with bankers believing the company’s foray into consumer lending has been a distraction from its core Wall Street business.

The Journal reported in June that Goldman was having talks with American Express to take over its credit-card deal with Apple, though it’s unclear how advanced those conversations were.

Inside the bank, partners blame Goldman’s ill-fated venture on CEO David Solomon, who has been facing heat for months over his sharp-elbowed management style, flopped business moves, and side hustle as a DJ.

When the investment bank reports its earnings on Tuesday, all eyes will no doubt be on its consumer-lending business, which has come to also include a credit card in partnership with General Motors and the acquisition of fintech lender GreenSky last year fore $1.7 billion.

Goldman reportedly plans to sell GreenSky at a steep loss after just one year of owning the platform. Goldman will offload the asset to investment firm Sixth Street for some $500 million, according to The Journal.

The sale is expected to result in a 19-cents-per-share hit to Goldman’s third-quarter results, equal to about $60 million, per the outlet.

Instead of pawning off its Apple partnership, Goldman staffers on the Apple account have floated letting Apple take more ownership of the collaboration, according to The Journal.

One proposed idea, per the outlet, would make Apple the lender for new credit-card spending and issuance while Goldman continues to manage existing loans.

However, Goldman’s senior executives told The Journal that these ideas are just that — ideas — and they haven’t made their way up either company’s corporate ladder.

Goldman so far has tried to lower expenses by tapping Citigroup credit-card veteran Bill Johnson in August, who was tasked with turning the bank’s credit-card partnerships into profitable endeavors.

If Johnson can’t make Apple’s credit-card program trend positively come 2024, Goldman will likely sell, people familiar with the matter told The Journal.

Representatives for Goldman and Apple did not immediately respond to The Post’s request for comment.

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‘Gritty’ McBain secures 5-year deal from Mammoth

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'Gritty' McBain secures 5-year deal from Mammoth

SALT LAKE CITY — The Utah Mammoth re-signed center Jack McBain to a five-year contract worth $21.25 million on Monday.

McBain will count $4.25 million against the salary cap through the 2029-30 NHL season, which was announced a little more than 24 hours since the team elected salary arbitration with the restricted free agent forward.

“He is a big, strong, physical player who competes hard on a nightly basis and brings a gritty toughness to our group,” general manager Bill Armstrong said. “Jack is an important part of the championship-caliber team we are building, and we look forward to having him back on our roster for the foreseeable future.”

McBain, 25, is coming off setting a career high with 27 points and playing all 82 games. He was one of six players to skate in every game of the organization’s first season in Salt Lake City.

“Jack’s versatility as a player, his care for his teammates and his demonstrated willingness to do whatever it takes to win, are all critical elements to our future team success,” president of hockey operations Chris Armstrong said.

McBain has 82 points in 241 games with the franchise, which moved to Utah from Arizona. Since debuting in April 2022, he ranks third in the league with 832 hits.

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Johnson, 2-time Cup winner with Lightning, retires

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Johnson, 2-time Cup winner with Lightning, retires

Tyler Johnson has announced his retirement after playing 13 NHL seasons and winning the Stanley Cup twice with the Tampa Bay Lightning.

Johnson called it a career in a lengthy message posted on social media Monday. Johnson had battled injuries in recent years and is set to turn 35 on July 29.

“As a short kid from a small town, I saw my chances of playing in the NHL as very slim,” Johnson wrote on Instagram. “But my family — my parents, Ken and Debbie, and my grandparents — believed in me when doubt clouded my mind. Their unwavering faith turned that dream into reality.”

Listed at 5-foot-8 and 191 pounds, Johnson won at just about ever level, capturing the Western Hockey League and Memorial Cup championships in 2008 with his hometown Spokane Chiefs and the Calder Cup championship with Norfolk of the American Hockey League in 2012.

The NHL brought more success, as he skated in 863 regular-season and playoff games since debuting in the league in 2013, putting up 498 points. Johnson was part of the Lightning’s core when they reached the final in 2015 and helped them hoist the Cup back to back in 2020 and ’21.

Johnson finished with Chicago, playing three seasons with the Blackhawks, and Boston, signing with the Bruins early last season following his training camp tryout.

“After a lifetime devoted to hockey, I’m ready for what’s next,” Johnson said. “This moment is bittersweet, but I leave the game with no regrets.”

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‘Workhorse’ York nets five-year deal from Flyers

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'Workhorse' York nets five-year deal from Flyers

Cam York and the Philadelphia Flyers agreed to terms Monday on a five-year contract worth $25.75 million, with re-signing the restricted free agent defenseman completing perhaps the team’s last important piece of offseason business.

York, 25, will count $5.15 million against the salary cap through the 2029-30 NHL season. That price could turn out to be a bargain with the upper limit rising from $88 million this past season to $113.5 million by 2027-28.

“Cam has been a workhorse for our team over the last few seasons,” general manager Danny Briere said. “We’re excited by his development and look forward to his continued growth and emergence as a young leader within our group.”

The Flyers are trying to shift from rebuilding to contending, and York was the final player on the roster without a contract. They acquired Trevor Zegras in a trade from Anaheim last month and signed fellow center Christian Dvorak and backup goaltender Dan Vladar on the first day of free agency.

York, the 14th pick in the 2019 draft, has skated nearly 21 minutes a game so far in his pro career, all with Philadelphia. He has 77 points in 235 games for the Flyers, who have not made the playoffs since 2020.

“I believe in this team, and I love the direction we are heading,” York said. “I couldn’t be more excited to continue this journey and build something special together.”

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