Apple Card is a drag on Goldman Sachs, says CEO

AppleInsider
Jan 18, 2023, 12:36 pm657 pts
At Davos, Goldman Sachs CEO David Solomon said his bank was too ambitious launching consumer credit, after it posted a big loss in the division mostly due to Apple Card in 2022. Apple Card Goldman Sachs spent a lot of money to help launch Apple Card and its other consumer services. A report from January 13…

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