Tag: GS

Goldman Sachs, furthering plans to retreat from its consumer-lending business, has been weighing whether to end its partnership with Apple and is in talks with American Express about taking over its Apple credit card and other initiatives, The Wall Street Journal reported. The push by Goldman Sachs (GS) into consumer financial products began in 2016. However, the bank’s foray into consumer lending has been a money-losing venture and Chief Executive David Solomon said as recently as February that Goldman Sachs was “considering... Goldman Sachs , furthering plans to retreat from its consumer-lending business, has been weighing whether to end its partnership with Apple and is in talks with ...