JPMorgan Joins Suitors for Apple Card That Goldman Wants to Shed

JPMorgan Chase & Co.is in discussions with Apple Inc. about taking over a credit card portfolio that rival Goldman Sachs Group Inc. has been trying to ditch.

The biggest US bank is among a slew of credit-card issuers that have explored taking over the Apple card, according to a person familiar with the matter. The Goldman tie-up, initially launched about five years ago, was part of an effort to cement the Wall Street giant’s consumer-banking foray, which it has since abandoned.

Read More: Apple’s Ideal Credit Card Partner to Replace Goldman Sachs Is Chase

Goldman is already set ...