{"id":30150,"date":"2023-07-01T12:48:00","date_gmt":"2023-07-01T16:48:00","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/goldman-sachs-is-looking-to-leave-apple-partnership-wsj\/"},"modified":"2023-07-01T12:48:02","modified_gmt":"2023-07-01T16:48:02","slug":"goldman-sachs-is-looking-to-leave-apple-partnership-wsj","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=30150","title":{"rendered":"Goldman Sachs is looking to leave Apple partnership: WSJ"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002238619\" role=\"document\">\n<p>Goldman Sachs Group Inc.<br \/>\n        GS,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/209237603\/composite\" class=\"negative\">-0.17%<\/bg-quote><br \/>\n       is weighing whether to leave its partnership with Apple Inc.<br \/>\n        AAPL,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/202934861\/composite\" class=\"positive\">+2.31%<\/bg-quote><span>,<\/span><br \/>\n       amid a broader retreat from consumer banking, the Wall Street Journal reported on Friday. The Journal, citing people familiar with the matter, said Goldman was seeking ways to hand off its Apple credit card and other initiatives from the partnership to American Express Co.<br \/>\n        AXP,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/203805826\/composite\" class=\"positive\">+1.23%<\/bg-quote><span>.<\/span><br \/>\n       Goldman has also considered offloading its card partnership with General Motors Co.<br \/>\n        GM,<br \/>\n        <bg-quote field=\"percentchange\" format=\"0,000.00%\" channel=\"\/zigman2\/quotes\/205226835\/composite\" class=\"positive\">+0.94%<\/bg-quote><br \/>\n       to American Express or another card issuer, the Journal reported. But any deal isn\u2019t guaranteed, and would require Apple\u2019s approval, the Journal said. Shares of Goldman Sachs were down 0.2% after hours. Shares of Apple, which ended Friday trading with a $3 trillion valuation, inched 0.1% lower after hours.   <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/goldman-sachs-is-looking-to-leave-apple-partnership-wsj-7b40fc14?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Goldman Sachs Group Inc. GS, -0.17% is weighing whether to leave its partnership with Apple Inc. AAPL, +2.31%, amid a broader retreat from consumer banking, the Wall Street Journal reported on Friday. The Journal, citing people familiar with the matter, said Goldman was seeking ways to hand off its Apple credit card and other initiatives [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-30150","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Goldman Sachs is looking to leave Apple partnership: WSJ | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Goldman Sachs Group Inc. GS, -0.17% is weighing whether to leave its partnership with Apple Inc. 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