Goldman Sachs is still looking to exit its partnership with Apple as losses continue to mount. As detailed in a new report from The Wall Street Journal, Goldman Sachs will take a $400 million hit this quarter due to its floundering consumer business.

Apple Cards losses have exceeded $6 billion, leaving Goldman Sachs searching for a way out of the partnership. The banks consumer division continues to suffer financially, with no clear path to recovery in sight.

Not so long ago, Goldman Sachs (NYSE:GS) had huge ambitions in the consumer finance space enabled by Fintech. The theory expected that Goldman could lever its

Apple Card is a popular hit with everyone except Apple's partner Goldman Sachs, with it likely to lose millions as it tries to pull out.