NEW YORK (Reuters) - Goldman Sachs ... Apple card dragged down Goldman's return on equity by 75 to 100 basis points last year, but "that will improve in 2025 and 2026," he added. The business ...

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 ...

In 2019, Goldman Sachs announced credit card with Apple. Now, the partnership could be on its last legs. According to the Wall Street Journal in a September 19, 2024 report, Apple has held talks with ...

Now, Reuters reports that Apple is in talks with Barclays and Synchrony Financial about replacing Goldman Sachs as its Apple Card partner. Goldman Sachs also exited its partnership with General ...