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Goldman Sachs is in talks to offload its Apple credit card and savings account to American Express, a source told CNBC’s Leslie Picker.
Goldman Sachs declined to comment. CNBC has also reached out to American Express and Apple.
The talks come amid a broader retreat by Goldman from its largely failed consumer banking initiatives.
The Wall Street Journal first reported the Goldman talks with American Express.
This is breaking news. Check back for updates.
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