Four years after partnering with Apple on the launch of the Apple Card, Goldman Sachs is reportedly considering an exit strategy. The investment banking firm is in talks to transfer its business to American Express, although no solid agreement has been reached. CEO David Solomon had previously mentioned exploring alternatives for the firm’s consumer arm. The potential handoff to American Express would not be surprising considering this. Apple and Goldman Sachs have not commented on the matter. The keywords for this article are: Goldman Sachs, Apple Card, American Express.
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