Goldman Sachs (GS) said Wednesday that it had reached an agreement to move its Apple Card business to Chase (JPM) in a deal that brings the company one step closer to ending its years-long foray deeper into the consumer banking business that became a headache for the firm. “This transaction substantially completes the narrowing of our focus in our consumer business,” Goldman Sachs CEO David Solomon said in a press release statement. The deal still requires regulatory approval and isn’t expected to be fi ...

Goldman Sachs (GS) has reached an agreement to move its Apple Card business to Chase (JPM) in a deal that brings the company one step closer to ending its years-long foray deeper into the consumer banking business that became a headache for the firm. “This transaction substantially completes the narrowing of our focus in our consumer business,” Goldman Sachs CEO David Solomon said Wednesday in a press release statement. The deal still requires regulatory approval and isn’t expected to be finalized for t ...