Goldman Sachs is thinking about breaking up with Apple after losing billions on its consumer banking push, reports say
last October that the partnership with Apple had been extended until 2029, but those plans may now be shifting.
On Friday the Journal cited unnamed sources who said Goldman has discussed a deal that would move its Apple offerings to American Express. the discussions, but both CNBC and the Journal said no deal was imminent. Any change would also require Apple's approval. In January Goldman said it'd lost about $3 billion from its consumer banking activities in three years.Goldman may also be looking to get out of offering aGoldman Sachs, Apple, and American Express did not immediately respond to requests for comment from Insider, made outside normal working hours.Subscribe to push notifications
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