Apple has selected JPMorgan Chase to take over the Apple Card from Goldman Sachs in a deal that will shift more than $20 billion in card balances, bolster JPMorgan’s credit card dominance, and mark another step in Goldman’s retreat from consumer banking.
Apple Inc. (NASDAQ:AAPL) has chosen JPMorgan Chase (NYSE:JPM) as the new issuer of the Apple Card, ending Goldman Sachs’ (NYSE:GS) role in a move that significantly reshapes the consumer finance ambitions of all three companies.
JPMorgan Chase Takes … [2599 chars]
Source: Benzinga | Published: 2026-01-08T03:20:05Z
Credit: Benzinga
