Goldman Sachs Is Partnering With Walmart to Expand Its Consumer Banking Business
Until a couple of years ago, Goldman Sachs (NYSE: GS) was almost exclusively an investment bank. Then, Goldman jumped head-first into the credit card business by partnering with Apple (NASDAQ: AAPL) to launch the Apple credit card product. More recently, Goldman introduced an investment platform for everyday Americans, and partnered with Amazon (NASDAQ: AMZN) to provide small business credit lines to merchants.