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Apple and Goldman Sachs are being picky about who they approve for the new Apple Card.

Apple and Goldman Sachs are being picky about who gets an Apple Card

"Keeping approval rates low suggests that at least initially Apple wants to focus on low-risk (higher credit score) customers."
JPMorgan CEO Jamie Dimon.

‘The inner city schools are not failing because of banks, okay?’ — JPMorgan CEO Jamie Dimon defended Wall Street against claims it&#...

Dimon pointed to banks' investments in health, training, infrastructure, and other areas when asked about rising anti-bank sentiment.
Deutsche Bank reportedly showered China's elite with lavish gifts and hired their relatives to win business in the country.

Crystal animals, Louis Vuitton luggage, and a trip to Las Vegas: Deutsche Bank reportedly showered China’s elite with lavish gifts to win busine...

The German lender doled out vintage wines and golf clubs, paid millions to connected consultants, and hired over 100 relatives of Chinese leaders.

Investment banks have plowed more than $700 billion into fossil fuels since the Paris climate agreement

JPMorgan alone had put in $75 billion into financing fossil fuel companies, according to an analysis from the Guardian and Rainforest Action Network.

Here’s why JPMorgan and Goldman Sachs say 2019 is the year climate change is at the top of investors’ minds

"2018, 2019 will be remembered as watershed years for climate change awareness," says JPMorgan.

Goldman Sachs is setting up a WeWork office in London as an emergency trading floor

The trading floor was set up so the bank can continue to trade in the event of an emergency, says the Financial Times. Goldman advised We on its failed IPO.

HSBC is reportedly planning to axe 10,000 jobs amid a brutal year for global bank workers

The Financial Times reported on Sunday the bank faced “an increasingly complex and challenging global environment," citing Brexit and trade conflict.
Credit Suisse CEO Tidjane Thiam

Credit Suisse’s COO stepped down after a bonkers spying saga caused ‘severe reputational damage’

The bank called the spying "wrong and disproportionate." Separately, a Credit Suisse contractor who hired the firm that investigated Khan, reportedly died by suicide.
Apple snubbed Goldman Sachs when it unveiled Apple Card in August.

Goldman Sachs reportedly spent $300 million developing the Apple Card — then Apple boasted it was ‘Created by Apple, not a bank.’

Goldman conceded to Apple's demands to scrap late fees and not sell customer data, and agreed to use Apple's font, the Wall Street Journal reported.
Mohamed El-Erian

Barclays names to its board a Soros exec and star economist and Pimco alum El-Erian

Barclays is having a volatile year — its investment bank chief left in a shock departure, it fought off an activist, and senior execs have fled.