A deal for JPMorgan to take over the Apple Card and its huge book of loans would further burnish the bank's reputation as a leader in American finance.

JPMorgan Chase is in advanced talks to take over Apple’s credit-card program, according to people familiar with the matter. Discussions between the country’s biggest bank and Apple accelerated in recent months,

JPMorgan Chase is talking to Apple about taking over the tech giant’s credit card program, according to an exclusive report in The Wall Street Journal. A deal of this size wouldn’t just impact the two companies at the heart of the agreement, it could leave JPMorgan Chase’s competitors at a disadvantage.