NEW YORK, Jan 15 (Reuters) - Goldman Sachs' (GS.N), opens new tab credit-card partnership with Apple ... improve in 2025 and 2026," he added. The business is housed within Goldman's platform ...

Last fall, a Wall Street Journal report pointed to significant losses Goldman Sachs was facing in its consumer business—which includes Apple Card—as a key reason for the rumored partnership break.

The financial strain wasn't the only issue — Goldman Sachs also faced regulatory scrutiny over its credit card business. In October 2024, the Consumer Financial Protection Bureau (CFPB ...