Goldman Sachs is watching for ‘cannibalization’ from partner Apple’s new high-yield Savings account

Goldman Sachs CEO David Solomon said Tuesday he isn’t worried about partner Apple’s new high-yield Savings account overshadowing Goldman’s own Marcus offerings, but that he’s watching closely for “cannibalization.”
Apple Card partner Goldman Sachs
Kif Leswing for CNBC:The Wall Street firm reported first-quarter results Tuesday, a day after Apple launched its new savings accounts with an annual percentage yield over 4%. The new accounts carry Apple’s bran