Goldman Sachs' credit-card partnership with Apple may end before its contract runs out in 2030, Goldman CEO David Solomon ...
Goldman Sachs, which partnered with Apple in 2019 ... recently acquiring Goldman’s General Motors credit card business. This move indicates a willingness to take on high-profile collaborations ...
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 ...
NEW YORK (Reuters) - Goldman Sachs' credit-card partnership with Apple may end ... but "that will improve in 2025 and 2026," he added. The business is housed within Goldman's platform solutions ...