JPMorgan Sets its Sights on the Apple Card! And with AI Governance, Makes the Next Strategic Double Move!

With the acquisition of Goldman Sachs' Apple Card portfolio and simultaneously bidding farewell to traditional proxy advisors, JPMorgan Chase (JPM) is making a highly publicized shift in its consumer and governance business. While Apple continues to scale its credit card operations, JPMorgan is opening up to lower-creditworthy private customers and technological solutions that reduce the influence of third-party providers in the capital market. A dual move that demonstrates how aggressively the largest US bank is currently occupying strategic fields...