UPDATE 1-Goldman CEO memo calls Apple Card ‘a beginning’ on launch day

Goldman Sachs Group Inc officially became a credit-card lender on Tuesday by rolling out its first product with Apple Inc, but the bank has aspirations to grow much bigger in consumer lending, its chief executive said in an internal memo viewed by Reuters. The virtual credit card, which officially launched to all U.S. customers, is Goldman’s first, and it represents a big push by the Wall Street bank to build out its young consumer business. “Apple Card is big, but it’s also a beginning,” Goldman’s CEO David Solomon wrote in an internal email to employees.

source https://finance.yahoo.com/news/1-goldman-ceo-memo-calls-154645062.html?.tsrc=rss

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