Goldman Sachs is reportedly looking to end its partnership with Apple, as the banking giant aims to scale back its consumer business. The company is said to be in discussions with American Express about a possible takeover of its credit card partnerships, including the Apple Card. However, no agreement has been reached yet. Goldman Sachs recently renewed its partnership with Apple through the end of the decade, and any transfer would require Apple’s approval. The tech giant is aware of the ongoing talks between Goldman Sachs and Amex.
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