JPMorgan Chase JPM -0.18%decrease; red down pointing triangle has reached a deal to take over the Apple AAPL 0.13%increase; green up pointing triangle credit-card program from Goldman Sachs GS 0.44%increase; green up pointing triangle, further cementing JPMorgan’s status as a behemoth in the credit-card sector and marking the final chapter of Goldman’s failed experiment in consumer lending.
The biggest bank in the country will become the new issuer of the tech-giant’s credit card, one of the largest co-branded programs with some $20 billion in balances.
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