JPMorgan Chase (JPM) is in advanced negotiations to take over Apple’s (AAPL) credit card program as talks between the country’s biggest bank and the iPhone maker have accelerated in recent months, people familiar with the matter told The Wall Street Journal’s AnnaMaria Andriotis. JPMorgan and Apple have been negotiating since early last year and Apple has told JPMorgan it is the company’s preferred choice to replace Goldman Sachs (GS) as its card partner, according to the report.
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