Just a day after the Goldman Sachs CEO said that his company's deal to service Apple Card customers may end early, two banks are said to be in active discussions to take over.

Apple is in talks with Barclays to replace Goldman Sachs as the tech giant’s credit card partner, says two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

The Goldman Sachs Group (NYSE:GS – Get Free Report) had its price objective boosted by equities researchers at Barclays from $588.00 to $713.00 in a research note issued on Monday,Benzinga reports.

Consequently, the price target for Goldman Sachs has been raised, reflecting the firm’s robust growth prospects and solid market positioning. In another report released today, Barclays also ...

It's been Goldman Sachs in the background since the Apple Card's launch in 2019. Ever since its introduction in 2019, the Apple Card has been powered

NEW YORK - Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its ...

NEW YORK, Jan 15 - Apple (AAPL.O), opens new tab is in talks with Barclays (BARC.L), opens new tab to replace Goldman Sachs (GS.N), opens new tab as the tech giant's credit card partner ...

Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.

Goldman Sachs partnered with Apple in 2019 to launch the Apple Card. The Apple Card, while innovative in its integration with Apple’s ecosystem, proved a costly for Goldman. Barclays and Synchrony Financial are reportedly the top contenders of replacing Goldman.

If the Apple Card does get a new issuer, it could also mean big changes for the Apple Card Savings account. The high-yield savings account currently offers a 3.90% APY and is available only to Apple Cardholders. Neither Apple, Goldman Sachs nor Chase immediately responded to requests for comment. Synchrony and Barclays declined to comment.

Negotiations between Apple and Barclays have been ongoing for several months, but it may still take months to strike a deal