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JPMorgan in Talks With Apple to Take Over Credit Card From Goldman

  • JPMorgan Chase is in talks with Apple to take over the Apple Card program from Goldman Sachs, according to a knowledgeable source.
  • Negotiations are at an early stage, with key deal elements like price and card features yet to be decided.
  • Only a few U.S. Card issuers can handle the Apple Card program, which has caused losses and regulatory scrutiny for Goldman.
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