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JPMorgan Says Under Terms Of Agreement With Apple, Purchase Of Portfolio Is Estimated To Bring Over $20 Bln Of Card Balances To Chase Platform

ReutersJan 7, 2026 11:34 PM

- Apple Inc AAPL.O:

  • JPMORGAN: UNDER TERMS OF AGREEMENT WITH APPLE, PURCHASE OF PORTFOLIO IS ESTIMATED TO BRING OVER $20 BILLION OF CARD BALANCES TO CHASE PLATFORM

  • JP MORGAN - EXPECTS $2.2 BILLION CREDIT LOSS PROVISION IN Q4 2025

Source text: https://tinyurl.com/mrx5msyx

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