Goldman Sachs CEO David Solomon said that there's "some possibility" the company's Apple Card partnership with Apple could end

Goldman Sachs said that its Apple Card partnership with Apple may end before their contract expires in 2030.The Latest Tech News, Delivered to Your Inbox

Goldman Sachs CEO David Solomon signaled the possible early end of the bank's Apple Card partnership due to financial losses and regulatory challenges.

The six-year-long Apple Card partnership between Goldman Sachs and Apple might end sooner than expected. Here's who could take the business.

Goldman Sachs’ CEO confirmed on a recent earnings call that the institution’s Apple Card partnership could end sooner than planned.

Goldman Sachs is making losses due to the Apple Card. But the US bank cannot get out of the contract. But CEO Solomon is not giving up hope.

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 several possible buyers for the card business including Synchrony Financial and Capital One,

Goldman Sachs' credit-card partnership with Apple may end before its contract runs out in 2030, Goldman CEO David Solomon said on Wednesday.

The Apple Card, which has now been available in the USA for over five years, needs a new bank. Now there are other candidates.

Apple’s ongoing search for a new credit card partner has drawn significant attention in financial circles, not just for its implications for the tech giant, but also for what it reveals about shifting priorities within Wall Street.

"There's some possibility" the credit-card partnership between Goldman Sachs (NYSE:GS) and Apple (NASDAQ:AAPL) will conclude before the contract's 2030 expiration date, Goldman CEO David Solomon said during his firm's (NYSE:GS) Q4 earnings call on Wednesday.