Apple’s high-yield Savings account spells big trouble for regional banks

MacDailyNews
May 8, 2023, 1:03 pm445 pts
Apple’s ongoing push into financial products and services, including its new high-yield Savings account with Goldman Sachs, could spell trouble for regional banks trying to retain deposits amid the banking system’s recent distress and rising interest rates. Apple Card users can easily set up and manage…

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